💾 Micron (MU) down 5.16% today, sitting at $829.50 — closer to its 3-month low than its high. Memory chip stocks are screaming value or danger, depending on your timeframe.

📊 Technical Snapshot:
→ Price: $829.50 (-5.16%) | RSI: 43.7 (bearish lean)
→ Trend: Strong downtrend — below ALL major SMAs
→ SMA20: $911 | SMA50: $965 — heavy overhead resistance
→ Support: $724 | Resistance: $1,088
→ 3-month range: $576 - $1,213 (currently 31.6% below high)

🧠 The Key Question:
Memory cycles are bottoming — HBM demand from AI is real and growing. But the stock is in a confirmed downtrend. Catching falling knives is dangerous, even when fundamentals improve.

📋 Key Levels to Watch:
→ If $724 breaks → next stop could be $600s
→ Reclaim $911 (SMA20) → first sign of trend reversal

MU: generational value or falling knife? 👇

#Micron #Semiconductors #DYOR

⚠️ Not financial advice. Always do your own research.