The big players are on a buying spree, but the whales are cashing out! $MU is playing both sides—is the 868 support level in danger?
When capital flows diverge despite obvious bullish news, it’s often the market’s most ruthless shakeout.
On October 25, Dan Bin made major portfolio changes, adding Micron and Nvidia while reducing his AMD position. But the fund-flow chart shows nearly 180 million in net outflows from long-term funds on the 15th—a stark split in the battle between bulls and bears.
The 1H chart found a bottom at 868.66 and rebounded to 886, where it met resistance at the Bollinger midline. The liquidation map shows a dense cluster of short positions above, between 896 and 916, while the bulls’ support near 868 is thin.
Bull and bear strategies:
Short: Enter near 896–901, with a target around 875.
Long: Enter near 868–872, with a target around 890.
Fanxin’s take: Institutions remain bullish on AI memory in the long term, but short-term investors are taking profits at elevated levels. This rebound looks more like a bull trap than a genuine recovery. If price repeatedly fails to break above 896, beware of another leg down after a false breakout.
The big players and the whales are going in opposite directions. At this 868 crossroads, whose side are you on? Leave your call in the comments—Fanxin breaks down the market, no holds barred!
#股票财报季 #美国下周将公布Q3GDP和9月PCE
When capital flows diverge despite obvious bullish news, it’s often the market’s most ruthless shakeout.
On October 25, Dan Bin made major portfolio changes, adding Micron and Nvidia while reducing his AMD position. But the fund-flow chart shows nearly 180 million in net outflows from long-term funds on the 15th—a stark split in the battle between bulls and bears.
The 1H chart found a bottom at 868.66 and rebounded to 886, where it met resistance at the Bollinger midline. The liquidation map shows a dense cluster of short positions above, between 896 and 916, while the bulls’ support near 868 is thin.
Bull and bear strategies:
Short: Enter near 896–901, with a target around 875.
Long: Enter near 868–872, with a target around 890.
Fanxin’s take: Institutions remain bullish on AI memory in the long term, but short-term investors are taking profits at elevated levels. This rebound looks more like a bull trap than a genuine recovery. If price repeatedly fails to break above 896, beware of another leg down after a false breakout.
The big players and the whales are going in opposite directions. At this 868 crossroads, whose side are you on? Leave your call in the comments—Fanxin breaks down the market, no holds barred!
#股票财报季 #美国下周将公布Q3GDP和9月PCE
