Bullish Trendline Could Give Chip Stock A Boost
Micron Technology (MU) stock is on track for its third-straight daily loss, but still sports a 40.3% year-to-date lead. The security has struggled to conquer its June 26, 52-week high of 110 level stepped in to contain its subsequent pullback. The recent losses have also placed MU near a trendline that has historically yielded bullish returns. LSEG WorkspaceDigging deeper, the semiconductor stock is within 0.75 of the 50-day tr ...