$MU
Micron market analysis
Micron has also risen sharply in this wave, and AI storage stocks have been quite hot lately. It’s fluctuating around 1014 now, with some short-term pullback pressure, but the medium- to long-term trend is still bullish!
Key levels to watch:
Resistance: 1023, a breakout is needed to continue rising;
Support: 1010, if broken it may retest 1000;
Target: 1050, watch this level after a volume breakout.
Why bullish? AI data centers are booming, HBM memory is in global shortage, and Micron is aggressively expanding capacity to catch up with SK Hynix and Samsung, with year-end capacity set to double! Although its market share is still behind for now, HBM4 yield is stable above 90%, and it is deeply tied to NVIDIA, with strong technical barriers.
On the macro side, the probability of Fed rate hikes has declined, Bitcoin has returned to $80,000, and sentiment in tech stocks has improved. The memory super cycle is not over yet; smartphone memory prices have doubled, AI server prices are up more than 15%, and the supply-demand tightness has not changed.
Trading idea:
In the short term, if it breaks below 1010, you can try a small short position, stop loss at 1020, target 1000;
In the medium term, wait for a breakout above 1023 before going long, stop loss at 1010, target 1050;
If you’re already holding, don’t panic, move the stop loss down below 1005.
Sister Bing is making arrangements, and the latest updates will be synced to the chat room. If you haven’t caught up yet, you can join Sister Bing’s chat room to discuss together 🤭👉点击进我聊天室👈
#比特币ETF创1月以来最大单日流入
#美国8月新增就业16.2万近预期三倍
Micron market analysis
Micron has also risen sharply in this wave, and AI storage stocks have been quite hot lately. It’s fluctuating around 1014 now, with some short-term pullback pressure, but the medium- to long-term trend is still bullish!
Key levels to watch:
Resistance: 1023, a breakout is needed to continue rising;
Support: 1010, if broken it may retest 1000;
Target: 1050, watch this level after a volume breakout.
Why bullish? AI data centers are booming, HBM memory is in global shortage, and Micron is aggressively expanding capacity to catch up with SK Hynix and Samsung, with year-end capacity set to double! Although its market share is still behind for now, HBM4 yield is stable above 90%, and it is deeply tied to NVIDIA, with strong technical barriers.
On the macro side, the probability of Fed rate hikes has declined, Bitcoin has returned to $80,000, and sentiment in tech stocks has improved. The memory super cycle is not over yet; smartphone memory prices have doubled, AI server prices are up more than 15%, and the supply-demand tightness has not changed.
Trading idea:
In the short term, if it breaks below 1010, you can try a small short position, stop loss at 1020, target 1000;
In the medium term, wait for a breakout above 1023 before going long, stop loss at 1010, target 1050;
If you’re already holding, don’t panic, move the stop loss down below 1005.
Sister Bing is making arrangements, and the latest updates will be synced to the chat room. If you haven’t caught up yet, you can join Sister Bing’s chat room to discuss together 🤭👉点击进我聊天室👈
#比特币ETF创1月以来最大单日流入
#美国8月新增就业16.2万近预期三倍
