January 2016

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January 2016

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#99

01-21-2016, 01:28 PM

A stock we're also watching is Micron (MU). Pretty heavy headwinds from the chips sector, but as you can see, support doesn't always hold:

MU Micron Technology, Inc. daily Stock Chart

But of course we learned that lesson with INVN already, we thought the $9 support (which really was a multi-year level) would hold. Alas..

INVN InvenSense, Inc. daily Stock Chart

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