MU has also tested the $7 area of resistance 5 times since 5-1-2012 and the RSI is now at 50. The 35 DMA held today with an increase in volume. IMHO, I believe that we may see upward movement in price. If MU can break $7 then the next level will be $9.
I guess that's never happened here before....NOT! Of course it is this is momentum guys using these headlines for the 3 day rule. I expect to start to see a fade in the late AM Monday. Look at the chart for the second half of 2012 and see how many times it topped near $7.