aquinojt.1

Growth Slowing, Short Term Increases Still Fair Game

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NASDAQ:MU   Micron Technology
MU's growth has been slowly decreasing in since May of this year with the 200-day Moving Average leveling off around $50. After what should have been an bullish earnings beat, poor guidance has led me to believe MU may start going down in the long-run. However, in the short-term I am anticipating a run up target of $47 by the beginning of October. MU has historically tended to increase in value after an earnings call dip, I don't expect the next month to be much different.
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