Picking up where we left off, let’s talk about $MU !!
Micron is the most “middle-of-the-road” of the three storage giants. Why do I say that? The reason is simple: positions fell 9.8% in a single day, and short sellers haven’t covered as cleanly as they did with Hynix. The long-short ratio is 3.87, more crowded than SanDisk’s 3.35, with more longs than SanDisk and heavier positioning. It doesn’t please either side: it doesn’t rise as much as Hynix, and when it falls, it’s not as decisive as SanDisk. The price is now around $770.
Trading plan:
There are two ways to position in MU: if you’re going long, wait for a pullback to $750 to enter; if you’re going short, wait for it to rally to around $780 and meet resistance before entering. At the current level, you can wait and see.
That’s my view on positioning in Micron and my trading suggestions. For reference only!!
#CPI高于预期，美股与BTC再度承压 #Strategy或遭MSCI剔除，面临最高28亿美元卖盘 #Anthropic拒绝延期IPO，本周路演估值几何？ $SKHYNIX $SNDK
Micron is the most “middle-of-the-road” of the three storage giants. Why do I say that? The reason is simple: positions fell 9.8% in a single day, and short sellers haven’t covered as cleanly as they did with Hynix. The long-short ratio is 3.87, more crowded than SanDisk’s 3.35, with more longs than SanDisk and heavier positioning. It doesn’t please either side: it doesn’t rise as much as Hynix, and when it falls, it’s not as decisive as SanDisk. The price is now around $770.
Trading plan:
There are two ways to position in MU: if you’re going long, wait for a pullback to $750 to enter; if you’re going short, wait for it to rally to around $780 and meet resistance before entering. At the current level, you can wait and see.
That’s my view on positioning in Micron and my trading suggestions. For reference only!!
#CPI高于预期，美股与BTC再度承压 #Strategy或遭MSCI剔除，面临最高28亿美元卖盘 #Anthropic拒绝延期IPO，本周路演估值几何？ $SKHYNIX $SNDK
