Micron (MU) has pulled back to its rising trend-line going back to late April. The issue with some of these trend-lines is the reliability behind them, and the short-term nature of all of them, due to the parabolic nature of the stock. Semiconductors are seeing massive swings as a sector, and MU is one of the main culprits of it. Should this trend-line fail, I would look for a pullback to its long-term trend-line form the March lows.
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