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Micron Stock Slips From Record High Amid China Business Concerns—Watch These Key Price Levels

Source: TradingView.com Key Takeaways Micron shares pulled back from a record high Friday following a report that the company will stop providing server chips to data centers in China. After climbing above 200forthefirsttimeearlierthismonth,thestockconsolidatedinapennantbeforebreakingoutfromthepatternonThursday,potentiallylayingthegroundworkforacontinuationmovehigher.Barspatternanalysisindicatesthepricecouldclimbtoaround200 for the first time earlier this month, the stock consolidated in a pennant before breaking out from the pattern on Thursday, potentially laying the groundwork for a continuation move higher. Bars pattern analysis indicates the price could climb to around 245. Investors should also watch key s ...