$MU
US stock market closes, and the crypto side is secretly gaining momentum!
Micron is now at 1038—just one breath away from the previous high at 1046. This sideways consolidation isn’t weakness; it’s building energy for a breakout!
The moving averages are lined up perfectly in a bullish formation, and volume hasn’t shrunk either. The main players are clearly waiting for a breakout signal with increased volume.
The bullish case is solid:
Technical: 1020 is the iron-bottom support of the recent range. As long as it holds without breaking, the trend won’t be damaged. The stock is currently consolidating and digesting profits. Once it breaks above 1046, upside space opens immediately.
Fundamentals: Micron’s HBM4 12-layer has entered mass production and is directly tied to NVIDIA’s next-generation AI chips. Order certainty is boosted significantly. By year-end, monthly capacity is expected to double to 100,000 wafers per month—an aggressive pace to catch up with SK hynix.
Macro environment: In the first half of the year, profits from memory chips exceeded RMB 100 billion, with original manufacturers’ gross margins leading the pack. Crypto funds are rotating from chaotic speculation on small coins toward technology stocks backed by real industry. MU, with its “AI + memory” double advantage, is exactly the kind of pick institutions love.
Special timing: Today the US stock market is closed for Labor Day, but the crypto market isn’t. Money is positioning ahead of the post-holiday trading.
Resistance levels: Watch 1046—once it breaks through, the sky at 1080 and even 1150 could open up.
Support levels: Around 1020 is the bullish lifeline. If it retests without breaking, that’s your chance to get in.
Targets: Near-term at 1080, with a medium-term push toward 1150.
Bingjie is laying out the plan. The latest updates will be shared in the chat room. If you haven’t caught up, you can join Bingjie’s chat room to exchange ideas 🤭👉点击进我聊天室👈
#Zcash周涨45%创2016年来新高
#三星SK海力士领涨韩股走高
US stock market closes, and the crypto side is secretly gaining momentum!
Micron is now at 1038—just one breath away from the previous high at 1046. This sideways consolidation isn’t weakness; it’s building energy for a breakout!
The moving averages are lined up perfectly in a bullish formation, and volume hasn’t shrunk either. The main players are clearly waiting for a breakout signal with increased volume.
The bullish case is solid:
Technical: 1020 is the iron-bottom support of the recent range. As long as it holds without breaking, the trend won’t be damaged. The stock is currently consolidating and digesting profits. Once it breaks above 1046, upside space opens immediately.
Fundamentals: Micron’s HBM4 12-layer has entered mass production and is directly tied to NVIDIA’s next-generation AI chips. Order certainty is boosted significantly. By year-end, monthly capacity is expected to double to 100,000 wafers per month—an aggressive pace to catch up with SK hynix.
Macro environment: In the first half of the year, profits from memory chips exceeded RMB 100 billion, with original manufacturers’ gross margins leading the pack. Crypto funds are rotating from chaotic speculation on small coins toward technology stocks backed by real industry. MU, with its “AI + memory” double advantage, is exactly the kind of pick institutions love.
Special timing: Today the US stock market is closed for Labor Day, but the crypto market isn’t. Money is positioning ahead of the post-holiday trading.
Resistance levels: Watch 1046—once it breaks through, the sky at 1080 and even 1150 could open up.
Support levels: Around 1020 is the bullish lifeline. If it retests without breaking, that’s your chance to get in.
Targets: Near-term at 1080, with a medium-term push toward 1150.
Bingjie is laying out the plan. The latest updates will be shared in the chat room. If you haven’t caught up, you can join Bingjie’s chat room to exchange ideas 🤭👉点击进我聊天室👈
#Zcash周涨45%创2016年来新高
#三星SK海力士领涨韩股走高
