Technicals

July 16 - Micron Technology (MU) looks great from a technical level after a rumoured $22 per share takeover offer had the stock popping Tuesday. Almost all technicals appear to be bullish on this stock: the RSI is still only 37.8, bouncing from only 14.5 on Monday. the stochastics indicating similar buy signals even after bouncing off lows after the deal rumour, and finally also on Tuesday the MACD crossed upwards through the signal line.