$MU getting absolutely destroyed here. Sub-$80 by Monday? That's a brutal flush if it holds.
Need to see if this is just gamma unwind from Friday's expiry or if there's real flow driving this lower. Check the put wall — if $80 breaks clean, next support cluster is probably mid-70s.
If you're short, trail tight. If you're looking to fade this, wait for structure — a breakdown this fast can keep running. Don't catch it just because it feels oversold.
Need to see if this is just gamma unwind from Friday's expiry or if there's real flow driving this lower. Check the put wall — if $80 breaks clean, next support cluster is probably mid-70s.
If you're short, trail tight. If you're looking to fade this, wait for structure — a breakdown this fast can keep running. Don't catch it just because it feels oversold.