koolgal
06-24 07:34
🌟🌟🌟I believe that $Micron Technology(MU)$ would close at USD 998 today after earnings.  It has already dropped 13%.

Micron has run hard.  HBM hype is at a fever pitch.  Every analyst note is glowing.  Every AI infrastructure bull is excited.

This is exactly where the market loves to "reset a stock".

Not because the business is bad but sentiments got ahead of fundamentals.

But the long term story ?  Still powerful.  HBM demand is real.  AI infrastructure is not slowing.

So if Micron  dips further it is time to buy.

@Tiger_comments @Tiger_SG @TigerStars

Micron Plunges 13% Pre-Earnings: Can Report Save the Super Cycle?
Micron tumbled 13.18% ahead of its earnings report, dragging the memory sector lower — SanDisk fell 13.64%, memory ETF (DRAM) dropped 14.25%, and the 2x long MU ETF (MUU) collapsed 26%. After a parabolic rally to record highs, super-cycle trades saw concentrated profit-taking as investors rushed to de-risk. After-hours saw a modest 3.68% bounce, but tonight's print is do-or-die: a beat on HBM/DRAM pricing and forward guidance could rescue the trade, while any miss risks a violent long squeeze. Down 13% on the eve of earnings — will you bet on a post-earnings reversal, or stay on the sidelines?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • zuma
    06:49
    zuma
    thx
  • CHINNY168
    06:05
    CHINNY168

    Great article, would you like to share it?

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