pancherry
06-03 20:43

My Investment Thesis has been changed recently. I have to thank to @Tiger_James Ooi  

I now do avg up for stocks going up or on hype.

Only do Avg down only if I believe the stocks fundamentals or have long term bullish view.

Stick to what you know, for me is $Micron Technology(MU)$  $SanDisk Corp.(SNDK)$  

Both got target price updates and I have bullish view until SK Hynix got listed.

I still occasionally trade for IV Crush during earnings. And probably next week, try to ride the hype for Space Stocks.

Nowadays, I found Long Calls more profitable than Short Put although I still do Short Put Verticals for my smaller account.

Both recent capital recovery was from MU and SNDK Long Calls.

I hope to retain the gains for longer term as well.

Micron Breaks $1,000! Peak or More Upside?
Micron (MU) surged 6.64% to breach $1,000, setting a new all-time high, as Mizuho raised its price target to $1,150 while maintaining an Outperform rating. MU showcased full-scenario AI memory applications at Computex 2026, with SanDisk rising 3.92% in tandem — analysts are calling it the 'AI memory stock outperforming NVIDIA.' The sector's parabolic rally raises increasing topping risk. At a trillion-dollar valuation and all-time highs, do you hold or start taking profits?
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