$Micron Technology(MU)$ MU may have put in a near-term bottom on Thursday as we head into the seasonally strongest stretch of the year.
If SK Hynix can build on its 4% gain at Friday's Kospi close, MU has a decent shot at a 50% Fib retrace up toward the 975 area, right around the 50 SMA.
SMH may have bottomed just 7 points shy of its 200 SMA, which would be a higher low versus the late July crash low.
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