Micron Technology resumes decline - Analysis - 14-12-2018

Micron Technology's stock returned lower with a 2.80% loss in the last session, or 1.01 points, while readying to breach the important support of 34.18, amid the dominance of the main downward trend in the medium and short terms, with negative pressure from the 50-day SMA. 

Therefore we expect more losses for the stock, especially if the support of 34.18 was breached, targeting the next one at 30.20. 

Expected trend for today: Bearish