$MU earnings are almost here.
Micron reports Q4 results on September 30, and I’m mainly watching the numbers that matter for the AI memory story.
The company previously guided for around $50B revenue, $31 non-GAAP EPS and roughly 86% gross margin.
My bias going into earnings is long, but I’m not trying to chase the move before the report.
If the numbers and guidance come in strong and $MU confirms the move after earnings, I’ll look for a long entry.
If the reaction is weak, I’ll stay out rather than force a short just because price drops.
For me, the plan is simple: long if earnings and price action confirm, no trade if they don’t.
#EarningsSeason
Micron reports Q4 results on September 30, and I’m mainly watching the numbers that matter for the AI memory story.
The company previously guided for around $50B revenue, $31 non-GAAP EPS and roughly 86% gross margin.
My bias going into earnings is long, but I’m not trying to chase the move before the report.
If the numbers and guidance come in strong and $MU confirms the move after earnings, I’ll look for a long entry.
If the reaction is weak, I’ll stay out rather than force a short just because price drops.
For me, the plan is simple: long if earnings and price action confirm, no trade if they don’t.
#EarningsSeason
