Micron Technology emits positive signals - Analysis - 28-11-2022

Micron Technology's stock (MU) fell in the intraday levels while gathering momentum to rise anew, as it trades alongside the upward correctional short-term trend line, with positive support from the 50-day SMA, as the RSI reached oversold levels, hinting at positive divergence. 

Therefore we expect the stock to rise and target the pivotal resistance of 65.40, provided it settles above 57.74. 

Expected trend for today: Bullish