thisbemax

Normalized RSI on MU indicates oversold

Long
NASDAQ:MU   Micron Technology
The 6-month RSI on MU is sitting at oversold levels around 30. The adjusted bollinger bands on the RSI confirm the oversold level. Price also tags the lower line on the wedge . Excellent technicals and fundamentals; extremely low P/E ratio, suitable for investors and traders. Watching for a breakout within the next few weeks.

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