Largest phone chip maker had weak results...announced beginning layoffs
See short term or 1 year chart. This is technically breaking down
The downtrend is your friend... Fundys and technicals in the sector breaking cracking
Softer sector revenue, price, earning.
MU stock price falling through support of the past 4 bottoms.
Next support at $25 then $21.
If market correction happens due to Greece or US Budget standoff
The next level would be $17.9 then $14.1