JakeTheTrader

@CaptByzantine @alphatrends @marketsurge 🤡

@alphatrends @marketsurge Saw an interesting podcast on IBD recently how Ai might be a ponzi… check it out.. kinda makes some sense

One of the most bullish scenarios I can see for $MU and other semis is to undercut the "neckline" of the HnS pattern, suck in short sellers, run stops and then turn and run significantly higher. @Marketsurge chart

@fifi_trades @alphatrends @marketsurge Early shorts who let their ego get in the way got nicely burnt.

@alphatrends @marketsurge Lower like you said. Before higher. People getting all gitty here are in for some hurt imo

@itsjcmerlo @lukesterbu Because he has puts that are deeply red.

@lukesterbu Y

Memory will be red tomorrow $MU $SKHY

@BosemanJeremy @EliteOptions2 Hope you're okay. Jokes aside, hope you took profits on your shorts and now play the longs. And then short again later. Don't lose your money chief. Put the ego aside.

@JakeTradesss @EliteOptions2 Oh I'm chilling, you're the one that's going to get wrecked.

The $MU memory cycle is over and the bubble is popping. At least that's what the market is pricing after a 25% crash in two weeks. There's just one problem: the "bubble" is sold out for the next two years. Two weeks ago $MU printed one of the greatest quarters in semiconductor history: $41B in revenue, up 345% YoY, 85% margins, and guidance for $50B next quarter. The stock made new ATHs at 1259... then gave back 300 points on cycle fears. But this isn't the old Micron; 16 take or pay contracts with binding price floors and $22B in customer deposits mean customers pay whether they take delivery or not. Management says margins at FLOOR pricing would still exceed past peak margins. Bears are trading the 2018 playbook against a company that rewrote the rules. The chart is now backtesting the exact zone that launched the last leg. 966 was the breakout level; $MU sits just under it at 938 with monthly support at 810 below. Reclaim 966 and hold, and 1100 comes fast. Thru 1100 and the ATH retest at 1259 is in play. Break 1259 and the 1500 melt up thesis is fully alive again. HBM4 Is the Inflection $MU was just approved as an HBM4 supplier for $NVDA's Vera Rubin platform with shipments starting this half. HBM4 revenue already crossed $1B and the ramp is moving 2x faster than HBM3E did. Micron now sees the HBM market topping $100B by 2027 (a year earlier than projected). First wafers from its new $9.3B Japan fab came off the line on July 4, and fresh supply deals with Ford and GM keep widening the demand base. Trade Ideas $MU above 966 Swing Trade: MU 8/21 1500C Day Trade: MU 7/10 1000C The market is pricing the death of the old memory cycle. It hasn't noticed the new one has a floor under it. When it does, the reclaim will be violent.

@santoshiyer3 @itsjcmerlo True!

@JakeTradesss @itsjcmerlo Not everything! But chips/memory and AI it is until earnings! They have been up nonstop since march! But you never know script can change anytime!

Yeah, I’m a $MU bag holder right now. Not selling. I’m playing the bounce through $MUU (2x leveraged) because the setup here is too loud to ignore. Trump is personally pumping Micron. Sanjay Mehrotra is cozying up to the admin and it is clearly working. $250M committed to Trump Accounts. US investment bumped to $250B. Trump standing at the podium calling it “the Trump effect.” CHIPS Act gives Commerce the ability to lift the buyback restrictions. That is the real unlock nobody is pricing. $C has MU on a 90 day upside catalyst watch with a $1,400 PT. $BAC sits at $1,550. Consensus creeping toward $1,560. MY OPINION IS: we rip from here soon and Trump announces one of two things. 1) Either a govt equity stake like he took in Intel Or 2) he lets Micron start buying back $30B+ of its own stock sooner than the Street expects. Either one sends this. I would rather be early and leveraged than right and flat. Not advice. Just my book.

@tlwich @KobeissiLetter Bingo! We were both correct. What a nice bounce.

@JakeTradesss @KobeissiLetter Exactly. Panic selling often creates the best entries. If the move in the Kospi was capitulation rather than the start of a new trend, hedge funds are positioning for the rebound before everyone else.

Hedge funds are piling into US semiconductor stocks: Last week, hedge funds purchased the most US semiconductor stocks in at least 3.5 years. This follows the 2 largest consecutive weekly sales since June 2024. As a result, semiconductor stocks now account for 10% of total hedge fund exposure. This percentage is twice as high as during the same period last year. However, this remains below the peak of 14% recorded in May. Hedge funds are betting the semiconductor selloff is already over.

@ScottNicho14407 @The_RockTrading Oracle is a shitco

@The_RockTrading Send ORCL too please

Send the $MU 1064.

@johanndemann @ConnorJBates_ Lol exactly....

@ConnorJBates_ Imagine selling semis in August 2025, Nov 2025, Dec 2025, and March 2025

Semiconductor stocks are now cheaper on a PE basis than they were at the start of the year. Not saying it's time to sell, but for cyclical stocks you sell at the lowest PE and buy when it's high.

@kailey_Davis00 @CheddarFlow 110? I'd sell everything I have to buy it at that price 😂

@CheddarFlow bullish flow on $MU? Cool, wake me up when it actually holds above $110 this time😂

$MU flow has been incredibly BULLISH all day

@itsjcmerlo You jinxed it!!

Im not saying we’re back But we may in fact be back with my extremely intricate technical analysis

@DugoutX @jtsla4 @blademapai #blademapai 😂

@jtsla4 @blademapai It’s already back above 940, you still have time to delete this lmao

Flush it 🚽 @blademapai

@tlwich @KobeissiLetter Or they see the PA on the Kospi as capitulation, and now ready to bounce.

@KobeissiLetter Bold bet timing-wise. SK Hynix's Nasdaq ADR just fell 15.4%, dragging the Kospi to its 7th circuit breaker this year, and Micron/SanDisk/Western Digital are down ~5% premarket on the same Iran-driven risk-off. Hedge funds are either early or catching a falling knife.

@santoshiyer3 @itsjcmerlo "everything is priced in", Mojo the market maker. 🤡

@itsjcmerlo Everything you said is priced in! Welcome to bagholder club!

@silentgorilla62 Are you posting for a while back? $MU hasn't been at 1100 for a bit. What's the point of posting it now?

Trimmed 75% of $MU at $1,100. View hasn’t changed — margins at 86% are as good as it gets. Took the bulk of my profits and still holding a small position.

@SanuroSwordsman @firsharrison @smartertrader I didn't see Sam saying 500....

@firsharrison @smartertrader Sam did? Ouch, I will bleed profusely now.

@PhilFletcher19 @smartertrader 928 and dropping...

@smartertrader Hope we rip tomorrow

mu 1300 soon... if you miss it... post a crying video maybe ill give you a free hr of service..

@firsharrison @smartertrader I'm assuming this is sarcasm

@smartertrader Outstanding call! $MU

@kyle_ljh @WheelieInvestor its down to 940 on premarket, now do you care?

@WheelieInvestor Nobody care about prices on hyperliquid

$MU is crashing on Hyperliquid Down almost 0.5%

@realmemetoshi @WheelieInvestor @MicronTech and within a week! lol

@realmemetoshi @WheelieInvestor @MicronTech it's at 941 right now... so you want a 40% price increase on a trillion dollar company #delusional