Relative strength remains in semiconductors. Some names continue to display upside momentum, even in an increasingly shaky tape. Here’s today’s standout:
Micron Technology Inc $MU is currently exhibiting a Squeeze Score of 95.3.
Here's what the chart looks like:
Micron has been one of the strongest names in the market this year, within one of the market’s strongest themes.
It has now consolidated in a tight range for six weeks, and volatility on the Strazza Indicator suggests momentum has reset.
