/Micron%20Technology%20Inc_logo%20and%20website-by%20Mojahid%20Mottakin%20via%20Shutterstock.jpg)
Micron Technology (MU) shares have tumbled in recent sessions as rising capital expenditures and geopolitical tensions continue to push investors to the sidelines. MU is now hovering just above its 50-day moving average (MA); a clear break below $402 would signal a shift in mid-term momentum, potentially inviting further selling.
Still, there’s reason to treat Micron stock as a quintessential “buy-the-dip” opportunity, especially since it’s trading at an attractive valuation multiple at the time of writing.
