Micron Technology Inc. ($MU) has experienced significant market activity following its earnings report. The stock lost its pro gap and the 200-day moving average, leading to a pullback to the 10/50 moving average area daily. Despite the decline, the 10-day exponential moving average (10ema) continues to hold the pullbacks. Traders are focusing on the earnings gap, with some expecting a potential gap fill towards $96. The market conditions have made new trades challenging, but the stock has seen a 50% retracement since the post-earnings gap (PEG). It was considered a high confidence play, particularly noted for the Ripster Day 3 setup.