Micron rises alongside upside trend line - Analysis - 11-07-2018

Micron Technology's stock (MU) kept rising in the intraday levels, scoring a fresh profit of 2.63% in the last session, or 1.43 points, as the stock faces the resistance of the 50-day SMA and attempts to shake off its negative pressure, amid the dominance of the upward medium-term trend, with positive signals from the RSI. 

Therefore we expect more gains for the stock, especially if the resistance of 57.02 was breached, targeting thereafter the pivotal resistance of 63.42.