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Micron Stock Price Down 3% – Time to Buy MU Stock?

Micron Stock Price Down 3% – Time to Buy MU Stock? July 1, 2021• Micron Stock technical analysis Looking at the charts, MU stock has found strong resistance at the 100-day SMA (simple moving average) which is currently at $85.75. Looking at the premarket price action, Micron stock could find support at the 50-day SMA in regular trading today. The stock’s 14-day RSI (relative strength index) of 59.9 is getting near overbought positions. Overall, the stock looks reasonably bullish on the charts. Micron stock price forecast Micron has an average price target of $123.62 according to the data from TipRanks. The target price is a premium of 45% over current prices. Its highest price target is $165 while $105 is its lowest target price. MU stock even trades below its lowest target price.

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