To The Moon

$Micron Technology(MU)$ Closed just below the 50 EMA and just below the wedge line. We'll see if it reclaims that level or breaks down. Longer term I think it's heading higher, but there could be a short-term pullback toward the 100.

A selloff isn't the same as a broken thesis. Red days test conviction. Fundamentals are what build wealth. Here is what we are holding: Record-breaking earnings and strong guidance. AI demand driving a historic memory expansion. Tight memory supply and growing customer commitments. A massive $35B share buyback authorization. Memory is becoming essential infrastructure for the AI revolution. Yes, competition exists. Yes, volatility hurts. But a falling share price doesn't automatically mean a deteriorating business. The market is trading fear. I'm watching fundamentals. Conviction isn't built on green days. It's tested on red ones. $Micron Technology(MU)$  — the story isn't over.

$Micron Technology(MU)$  CPI data and the Warsh speech are on the calendar this week. It feels like there's always something meant to keep people on edge. No reason to overreact. Just taking it easy and staying patient.

$Micron Technology(MU)$ The 964 to 992 area looks like an important range that needs to hold. That's based on the Fib .382 retracement level and the measured move price projection.

$Micron Technology(MU)$ If the CEO put out a press release on Dec 9 saying that on Dec 11, if the price is below $1100, Micron would use the $35B earmarked for buybacks to buy until it reaches $1100, what would happen? I think the price would go to $1100, and Micron wouldn't have to spend a dime. Then on Dec 16, the CEO could put out another press release saying Micron will buy any shares below $1200 on Dec 18. Maybe they'd have to buy 1 million shares to get there, no problem. Do the same thing again the next week for $1300. Let's say the price gets to $1300 without Micron having to do anything. Micron could sell the million shares little by little and book the $100M profit, and they're back to the $35B buyback cash pile. Keep repeating until

Hey SNDK. How many double bottoms are needed here? This isn't even a pause level. Now that the OpenAI thing looks like it was just an estimate error, the regular Uptober buying opportunities can resume. $Micron Technology(MU)$  $Taiwan Semiconductor Manufacturing(TSM)$  $Advanced Micro Devices(AMD)$  $iShares Semiconductor ETF(SOXX)$  and others too.

$Micron Technology(MU)$ This looks like it has been bottoming on the weekly. I would be careful with shorting here, and locking in some profits seems reasonable.

$SpaceX(SPCX)$ Plenty of banks and corporate debt buyers are clearly betting on the AI boom. $NVIDIA(NVDA)$  $Taiwan Semiconductor Manufacturing(TSM)$  $Micron Technology(MU)$  $SK hynix(SKHY)$ 

$Roundhill Memory ETF(DRAM)$ Still holding the slight uptrend pattern! $Micron Technology(MU)$  $SK hynix(SKHY)$  $SanDisk Corp.(SNDK)$  $iShares Semiconductor ETF(SOXX)$ 

$Micron Technology(MU)$ Need to see this bounce back above 1,100, then push toward 2,000.