Stock Of The Day: Micron At Risk Of Breaking Key Support

Shares of Micron Technology, Inc. MU are trading lower on Monday, and they could be about to break support.Stocks that break support tend to trend lower. This is why Micron is our Stock of the Day.Many people overcomplicate technical analysis. But it is simply the study of supply and demand.If a stock is trending lower, it is because there isn't enough demand (buy orders) to absorb all of the supply (sell orders). As a result, investors and traders who wish to sell are forced to offer their shares at a disc ...