I agree, the 50 day and the $12 breakout area does look like a reasonable target. It could stop short and just retrace 2/3s of the way to its breakout area. Have to see. The other day some chap hit the chips in the chops ... MU is feeling the after effects, but it was looking like it was going to correct anyway.
It'll be good to get this tech correction out of the way going into back to school and the holiday season. INTC won't be out with their tablet chip until late, late August to Sept. ... not good for back to school but products should be well established for the holiday season. (I can't believe INTC has been so slow), but it should be a good end of year and 2014.