$MU $Micron Technology(MU)$ based upon a comprehensive analysis, MU at $54 is , ( sad to say) an overvalued price. I say this in soberness, with the belief that "someday", MU can and likely will be much higher. But the stock is currently overvalued and very likely still needs to go lower to find a bottom. It is very hard to conceive that a SUBSTANTIALLY lower entry point will not be available before tax selling season at the end of the year finishes. Prices down in the mid $40's are not unlikely, could be lower if fundamentals continue to weaken, which is certainly the trend.
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