Micron Technology $MU has recently slid from a high just above $63 to a low just above $47. Despite this sharp dip, the daily chart still shows MU in bullish mode. Micron Daily Chart(click to enlarge)Bullish Signs Intact:1) Price is still above the 50-, 100-, and 200-day simple moving averages (SMA). 2) Price respected the previous consolidation area as support. 3) The RSI pushed to 80 (strong bullish momentum), and has stayed above 40 (maintenance of the bullish momentum). - While the bullish mode is still in play, there could still be some consolidation and choppiness.- I think if price holds above 47.50-48 area over this and the next week, the market might gain confidence and put pressure on the 53.50 resistance pivot and April high. - Above 53.50, I would have more confidence that MU will make it at least back up to $58.00 if not the high around $63.