for EPS ($0.81 vs. $0.73) and sales ($4.17 billion vs. $4.15), the issue has not mounted much of a rally. The Street may be focusing on the lower guidance for Q3 sales ($3.85 billion-$4.05 billion vs. $4.29 billion estimate). Off the initial headline, Micron spiked to $28.87 before the lower guidance was announced. Subsequently, it tanked to $26.26 before stabilizing at $27.50 level as the the open of the regular session approached. Off the open, it immediately found resistance at $27.76 and began to drift lower, bottoming at $26.95 and rallying back into the lower $27.00 handle. Since making its lows of the recent down move on March 26 ($25.61), the issue has been in a series of four higher lows and the streak will continue unless Tuesday's low ($26.77) is breached.