$MU BULL CASE SURVIVES THE SHAKEOUT — RETAIL SURRENDER IS THE TELL 🦈
Serenity's latest read flips the retail narrative. Traders who chased $MU after 16 SCAs and strong guidance are now surrendering — while operating profit-to-market cap sits at levels he calls 'extremely unreasonable.' 📊 That's a valuation reset, not thesis deterioration.
Over in photonics, July was a price event, not a fundamental break. Laser products at $LITE and $COHR remain sold out two years forward, and the latest transceiver earnings confirmed the demand imbalance. Optical transceiver and indium phosphide bottlenecks are tightening, not easing. 🔍
This is classic rotation between supply bottlenecks — the engine smart money trades. 🌊 Are you fading the surrender, or positioning ahead of an even tighter demand imbalance next year? 💬
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MU #Storage #Photonics #TechRotation #InstitutionalFlow
🎯 🦈
Serenity's latest read flips the retail narrative. Traders who chased $MU after 16 SCAs and strong guidance are now surrendering — while operating profit-to-market cap sits at levels he calls 'extremely unreasonable.' 📊 That's a valuation reset, not thesis deterioration.
Over in photonics, July was a price event, not a fundamental break. Laser products at $LITE and $COHR remain sold out two years forward, and the latest transceiver earnings confirmed the demand imbalance. Optical transceiver and indium phosphide bottlenecks are tightening, not easing. 🔍
This is classic rotation between supply bottlenecks — the engine smart money trades. 🌊 Are you fading the surrender, or positioning ahead of an even tighter demand imbalance next year? 💬
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MU #Storage #Photonics #TechRotation #InstitutionalFlow
🎯 🦈