Micron Technology worth a buy on the next break upwards

Micron Technology is a trending value stock (P/E under 7 with huge positive cash flow in an industry that is more relevant than ever thanks to the memory needs of our cloud AI and IoT world). On the next break upwards it can be a great buy after the recent downtrend (selling pressure from large shareholder Nanya that is selling for its own reasons that have little to do with Micron, among other things).

This idea does not constitute financial advice. As always, make your own decisions.
Support and ResistanceTrend AnalysisTrend Lines

Disclaimer