Walter Deemer: Micron falls 20.7 percent in three days, erasing two weeks of gains

Walter Deemer: Micron falls 20.7 percent in three days, erasing two weeks of gains
Micron drops 20 percent in three days

Walter Deemer reports that Micron has experienced a sharp 20.7 percent decline over the past three days.

According to Deemer, this drop wiped out all of the stock’s gains from the last two weeks. Despite the recent slide, he observes that Micron still holds a substantial 174 percent gain year-to-date.

Deemer has recently commented on technical signals in other major indices. He noted that the QQQ gap down at 722.12 remains unfilled, which he views as a potential indicator for trend momentum. In another update, Deemer identified key levels for SPY and QQQ to fill gaps from earlier trading sessions. His observations come as investors continue to watch market strength following rapid moves in individual stocks.

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