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Barchart
Wajeeh Khan

SHOCKING: Should you chase the rally as micron stock bounces back | Mind Blowing Facts

Micron MU GF Securities Jeff Pu Middle East

Micron (MU) shares bounced back on Wednesday as GF Securities issued a bullish note on the memory market, and signs of easing geopolitical tensions in the Middle East helped improve sentiment.

MU has successfully reclaimed its 100-day moving average (MA) and looks headed to test its 20-day MA next, indicating bulls are now taking back control across multiple timeframes. 

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