![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWjBn1pkpZsCXcSKyv3SZ1BY_ur0z5YojJIqmqZqXzpnZHHjNtzTAskLPHT3lUUgwwGOCIiCnN82ztT1IHmH6LvViy9dTlTVLrKDRQQL6llke6dTTzh9pVvhnX872KlOJvIEmDnXiu-EY/s640/sc.png)
Micron Technology, Inc. (NASDAQ:MU) appears to be poised for a nice bounce off this bottom. In my view, the stock has formed a bottom in short-term and I expect a move past 15.93 to take the stock towards the target of 16.74 with stop-loss at 14.62. The stock seems to be undervalued at current levels.
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