$MU and $NVDA Are Selling Off. Is a Rebound Near?
Semiconductor stocks are under pressure, but after sharp declines, the next move may be just as important as the selloff itself. 👀
🧠 $Micron Technology(MU)$ — Don’t Chase the Selloff
Micron’s weekend trading activity is showing a potential print around $818. If that price holds into Monday’s regular session, the stock could open with a significant gap lower.
⚠️ With price potentially stretching well below the lower Bollinger Band, short sellers should be careful about chasing the move. A sharp reversal could catch late shorts off guard.
And with a P/E ratio around 11, $MU doesn’t look expensive on that metric alone. But remember, memory-chip earnings are cyclical, so a low P/E doesn’t automatically mean the stock has bottomed.
📉 $NVIDIA(NVDA)$ — A Bounce Is One Thing, Follow-Through Is Another
Nvidia has officially closed below its daily lower Bollinger Band, another sign of short-term weakness.
📈 A relief bounce next week wouldn’t be surprising after that kind of price action. The bigger question is whether buyers can sustain the recovery or whether the bounce simply becomes another opportunity for sellers.
Markets are always moving - and sometimes, the best move is knowing what works for you.
With Treasury yields, oil prices and rate expectations keeping markets on edge this week, investors are once again thinking carefully about where to position next. There’s no one-size-fits-all choice in investing — and the same goes for Tiger Merch. This month’s hot picks are in, featuring the Tiger Toiletry Bag, Universal Travel Adapter, Tiger Umbrella and more favourites chosen by fellow Tigers.
Explore the Monthly Hot Picks in Tiger Coin Mall, now 12% OFF for a limited time.
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.
