Trading expert sets Micron stock price for November 20, 2026

Micron Technology (NASDAQ: MU ) stock could fall towards $650 by November 20, 2026, according to an analysis by TradingShot . The projection forms part of a descending channel that has guided the semiconductor manufacturer’s correction since its June 25 all-time high. Notably, Micron shares have struggled to recover following a sharp sell-off that pushed them below $800. Although the stock rebounded 5.12% on November 6 to close at $690, it remained under pressure after plunging 17.46% in the previous session. TradingShot identified the current decline as the second bearish leg within the descending channel. The first found support just above the 100-day moving average ( MA ), while the ongoing correction is approaching the 200-day moving average.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Finbold.