Chip maker Micron Technology (MU) -Get Micron Technology, Inc. Report has seen some big up and down swings in recent weeks in reaction to global events and analyst actions.$美光科技(MU)$Now, TheStreet’s Bruce Kamich is checking out the charts to see if MU might see calmer action in the future.“In our daily bar chart of MU, we can see a number of rapid up and down swings over the past several months,” he said. “Buy and hold investors have probably had some sleepless nights and even number traders have probably been challenged. Prices are below the declining 50-day moving average line but are testing the underside of the flat 200-day moving average line.”Additionally, Micron’s On-Balance-Volume (OBV) has slowly turned lower from the middle of February telling us that traders have become more agg
Micron Technology Inc. (MU) reports Q2 2022 results after Tuesday’s closing bell, with analysts looking for a profit of $1.98 per-share on $7.53 billion in revenue. If met, earnings-per-share (EPS) will more than double the $0.98 posted in the same quarter last year. The stock soared more than 10% in December after beating Q1 EPS and raising Q2 guidance but turned tail in January, dropping more than 20% into late March.