Micron is not the best stock to look for in this scenario. The low pivot from the beginning of the year is an important level; a break below it would mean bigger problems, potentially down to the 200-day moving average.

I don't think Micron is the best stock to look for in this scenario. We are trying to find buyers, and you can see that from the low pivot level since the beginning of the year.

So, this is an important level, but if it falls below it, we will face bigger problems, perhaps even down to the 200-day moving average .