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MU
Benzinga
2 days

Micron Technology Shares Jump 9% After Key Trading Signal

1. MU triggered a Power Inflow alert at $194.5, a bullish indicator. 2. The stock rose to $212.00 after a 5% pre-alert decline. 3. Increased buying from retail and institutional traders was observed. 4. The Power Inflow signal indicates potential bullish price movement. 5. Order flow analytics provided insights into trading trends.

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FAQ

Why Bullish?

The Power Inflow alert prompted significant buying interest, reminiscent of historical bullish spikes.

How important is it?

The substantial buy signal and price movement directly influence MU’s market performance.

Why Short Term?

The intra-day gains typically occur shortly after alerts, leading to immediate price movement.

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