Stock Of The Day: Is This The Top On Micron?

Micron Technology, Inc. MU is trading lower on Thursday. The company reported third-quarter earnings with adjusted earnings per share of $1.91. This was well ahead of the consensus estimates of $1.60.There are two key resistance levels that traders are watching. This is why it is the Stock of the Day.As you can see on the chart, Micron had a significant sell-off last June. The selling paused around $130 in early July. There was a large amount of buying interest at this price. There were more than enough buy ...