Micron Technology Gains 1%, Shows Strong Support at $130 and 50dma

Micron Technology Inc. ($MU) found support near its rising 50-day moving average (50dma) on July 1, 2024. Buyers stepped up near the $130 level, and the stock showed a strong performance, gaining 1% into highs early on July 3, 2024. There has been significant bullish options flow, and the stock held at $130 after big put sales, indicating positive sentiment among investors.