💾 Micron (MU) is sitting at a crossroads: down 23% from its 3-month high, but up 28% from its low. RSI neutral at 52. This is the calm before the next big move.

📊 Technical Snapshot:
• Price: $937.11 (-0.39%)
• Trend: Uptrend (SMA5 > SMA10 > SMA20)
• RSI: 52 (neutral — room in both directions)
• Volume: Declining (0.66x average) — low conviction
• MACD: Bullish at 5.93 with positive histogram

🧠 Key Thesis:
Memory chip demand is cyclical, and MU is positioned at the heart of the AI infrastructure buildout. HBM (High Bandwidth Memory) demand from AI accelerators is a structural tailwind. The neutral RSI and declining volume suggest consolidation before the next leg — likely in the direction of the existing uptrend.

📌 Key Levels:
• Support: $829.50 (must hold)
• Resistance: $1,087.99 (breakout target)
• 3-Month Range: $732 – $1,214

The setup favors patience. A break above $1,000 with volume confirms the next leg up.

❓ Is the AI memory trade over or just getting started? Share your view 👇

#Micron #Semiconductors #DYOR

⚠️ Disclaimer: This is not financial advice. Stock markets carry risk. Always do your own research and manage risk accordingly.