$Micron Technology(MU)$ Think -To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Micron Technology(MU)$

Think of 850 as a "safety net" or a "trampoline" for Micron ($MU).

When the stock price drops to this point, a few things happen to help cushion the fall and potentially push it back up:

The Bargain Hunters Step In: Investors who missed out on buying $MU earlier look at 850 and see a great discount. They start buying, which stops the price from dropping further.

The Chart Safety Net: On the technical charts, the 850 area lines up with a major long-term trendline and previous "demand zones" where the stock successfully bounced back in the past.

Automatic Buyers: Many big institutional investors and computerized trading algorithms have pre-programmed instructions to automatically buy shares if the price dips to this specific level, instantly putting the brakes on a sell-off.

In short, 850 is the price point where the buyers finally outnumber the sellers, helping to turn a downward slide into a potential rebound.

Memory Stocks Collapse: SanDisk -13%, SK Hynix -14% — Is It Too Early to Buy the Dip?

The memory sector extended its rout Thursday. SanDisk (SNDK) plunged 12.63% below $1,420, SK Hynix (SKHY) dropped 13.69%, Micron (MU) fell 5.65%, memory ETF DRAM shed 8.82%, while bearish SOXS surged 13%. SeekingAlpha warned that "memory is cyclical and this selloff likely has further to run," with Micron downgraded and flagged as a profit-taking candidate. Iran's threats to block Red Sea shipping lanes further dampened risk appetite. With the supercycle turning from euphoria to relentless deleveraging, do you think memory stocks are ready to bottom, or is it too early to call?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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They start buying, which stops the price from dropping further.</p>\n<p>The Chart Safety Net: On the technical charts, the 850 area lines up with a major long-term trendline and previous \"demand zones\" where the stock successfully bounced back in the past.</p>\n<p>Automatic Buyers: Many big institutional investors and computerized trading algorithms have pre-programmed instructions to automatically buy shares if the price dips to this specific level, instantly putting the brakes on a sell-off.</p>\n<p>In short, 850 is the price point where the buyers finally outnumber the sellers, helping to turn a downward slide into a potential rebound.</p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;</p>\n<p>Think of 850 as a \"safety net\" or a \"trampoline\" for Micron ($MU).</p>\n<p>When the stock price drops to this point, a few things happen to help cushion the fall and potentially push it back up:</p>\n<p>The Bargain Hunters Step In: Investors who missed out on buying $MU earlier look at 850 and see a great discount. They start buying, which stops the price from dropping further.</p>\n<p>The Chart Safety Net: On the technical charts, the 850 area lines up with a major long-term trendline and previous \"demand zones\" where the stock successfully bounced back in the past.</p>\n<p>Automatic Buyers: Many big institutional investors and computerized trading algorithms have pre-programmed instructions to automatically buy shares if the price dips to this specific level, instantly putting the brakes on a sell-off.</p>\n<p>In short, 850 is the price point where the buyers finally outnumber the sellers, helping to turn a downward slide into a potential rebound.</p></body></html>","text":"$Micron Technology(MU)$ Think of 850 as a \"safety net\" or a \"trampoline\" for Micron ($MU). 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