30.07.2015 - Micron Technologies can grow in the nearest future

The price of Micron Technologies has reached the level of 20.00 and the inclined resistance line. In case of breaking and fixing the price above these levels, we expect a continuation of the upward movement of price to 24.00 in the nearest future that will allow to close the gap. The fall of price in the near future is limited by the level of support at 18.00 and 17.00. Our medium-term outlook is negative, but in the nearest future quotations may show confident growth by 15-20%.

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