Bollinger Bands contract for Micron

Micron Technology (MU) is testing support with a consolidation over the last four weeks. Support in the 8.25-8.5 area stems from the February lows. The stock has been trading between 8.25 and 9.5 since May 10th. Also notice that the Bollinger Bands are narrowing. Look for a consolidation break to trigger the next directional move.

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