MichaelPerez
08-17 20:51

$Micron Technology(MU)$ $SanDisk Corp.(SNDK)$ $Western Digital(WDC)$ $Roundhill Memory ETF(DRAM)$ Bears are struggling to find bearish angles on memory right now, so they've shifted to sharing articles about a global economic collapse coming soon. That feels like a sign of desperation. They had their window to cover early.

For about 20 days they pushed narratives that were mostly noise and baseless arguments. Bulls stayed quiet and trusted the bigger picture.

They tried deleveraging concerns and China-related fears to knock it down, but none of it stuck.

People come and go, but the fundamentals remain strong.

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