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TMCNet:  Micron Technology Shares Up 35.0% Since SmarTrend's Buy Recommendation (MU)

[February 20, 2013]

Micron Technology Shares Up 35.0% Since SmarTrend's Buy Recommendation (MU)

Feb 20, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Micron Technology (NASDAQ:MU) on December 5th, 2012 at $6.11. In approximately 3 months, Micron Technology has returned 34.97% as of today's recent price of $8.24.

Over the past year, Micron Technology has traded in a range of $5.16 to $9.16 and is now at $8.16, 58% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has risen 0.2%.

Micron Technology, Inc., through its subsidiaries, manufactures and markets dynamic random access memory chips (DRAMs), very fast static random access memory chips (SRAMs), Flash Memory, other semiconductor components, and memory modules.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Micron Technology shares.Log in and add Micron Technology (MU) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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