Gimcangho
07-03
Taking a hard look at the actual numbers on $Micron Technology(MU)$ after it wrapped up the session at 975.56. The massive run-up we saw through the middle of June has completely retraced, which leaves us with a highly volatile setup. My plan from here is completely straightforward. On the upside, buyers have to actively reclaim and hold a spot above 1032 to prove that a real recovery is starting. On the downside, my line in the sand is the major support shelf at $950. If the stock drops and stays below 950, the immediate bullish case is completely broken and I am cutting active positions to protect my capital. Keep it simple and CHECKİNG $SPDR S&P 500 ETF Trust(SPY)$ $Vanguard S&P 500 ETF(VOO)$ $Invesco QQQ(QQQ)$
SanDisk Surges 35% in a Week — Is Capacity Locked Through 2028?
Memory's best week of the year. SanDisk +35% on closing prices ($1,212.21 → $1,641.11), Micron +2.30% for a fourth straight gain, Western Digital +4.41%, SK Hynix +0.40%. Beyond the Investor Day roadmap: eight signed customer agreements covering ~half of FY27 capacity and two-thirds of FY28, plus HBF samples for AI inference customers next year — the basis for that 80% gross margin target. Bears point to yen appreciation eroding it, given Japanese production, and Druckenmiller exited Micron in Q2. SanDisk, Micron, SK Hynix, or Western Digital?
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

We need your insight to fill this gap
Leave a comment
1008