LBJ23
2.9K posts
@yesnoyess MU playing with us today. Looks like it wants to makes new ATH today but also looks like it wants to wait till tomorrow lol
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hmm $MU power play in final trading hr to 1100? Once broken next stop 1110-1120
FG@yesnoyess
stage is set for today for $MU to cross the ATH of 1089 enroute to 1100+ $SPY $QQQ $MSFT $META
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$QQQ +3% day again? And just like that, new ATHs are back on the table.
One thing I've learned: follow people who stay consistent through both good and bad markets. The ones teaching process, risk management, and patience tend to add the most value over time.
Venu@Venu_7_
$QQQ - I think it would be great if we build a base here We've already down 7.5% from the ATH in a week. Feels like the short-term fear is getting a bit overblown. Ideal scenario: undercut support around $695, test the weekly 9 EMA for the first time, shake out the weak hands, and move higher. Worst-case scenario? A 50-day SMA test around $673. but I would lean toward ideal scenario!
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$MU +8% and breaking out of the flag.
This is a $1.2T company expected to generate roughly $155B in operating profit over the next 5 quarters. (Read that again)
One little hack: when true market leaders test the 21-day EMA, pay attention.
Until you see distribution, a loss of the 50-day SMA, breakout VWAP, or recent lows, let the trend work.
Venu@Venu_7_
$MU - Micron pulled back to the 21-day EMA after becoming a 4-digit stock. Now we're breaking out of the flag once again. Still holding from $380 and haven't trimmed a single share on this name. Are we ready for $1,200+ Micron? 👀
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@JoshTradeOption so as now when $MU is already $1000. they think is the peak and get off. next week they cry and buy back at $1500🤣
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$MU likely approaching $1500s in next 10 trading Days with upcoming ER on June 24 , it is expected to put out huge numbers ✅
investing@DollarCostAvg
$MU (8.3x Fwd P/E) and $SNDK (8.7x Fwd P/E) are valued almost identically. The setup reminds me of a classic catch-up trade: one stock moves first, the other follows. If memory demand stays strong and ER delivers, $MU could follow $SNDK’s path and see a major re-rating. ER in 2 weeks. 👀✅
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@Micro2Macr0 High tight flag after high tight flag lets go for 2k this year ;)
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Micron $MU is back above $1,000 after back testing down 20% over the last few weeks.
What's the next move? It looks like we're ready to go after the next target of $1,500 where the next FIB extension lives.
NOTE - We will see this taking a breather soon, but boy is it a beast. :)
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When $SNDK was at $350 people believed that was the top
When $MU was at $350 people believed it topped
When $DELL was at $150 people were convinced it topped
Enough people lost money shorting it
More people lost money selling it early
Leading stocks can go another 200% without you.
80% of your time should be spent on bullish bias. Market’s gravity is up.
Let stocks like $INTC $MRVL $WDC $HUR $MRVL be your reminders.
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$CRDO is a company I'm super bullish on, definitely an excellent company to hold for the long term.
Great article by @TheBigBerbowski
TheBigBerbowski@TheBigBerbowski
I haven't been this excited about a company since I invested in SK Hynix. I hope you enjoy the read. $CRDO
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HE’S DONE IT!!! 🤩
LEWIS HAMILTON WINS THE BARCELONA-CATALUNYA GRAND PRIX!!! 🏆🎉
#F1 #BarcelonaGP
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Still holding the $MU swing - gimme $1400 🫡
Barchart@Barchart
Micron $MU soars to its most overbought level in more than 30 years 🚨🚨
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@DollarCostAvg MU much larger market cap tho it's harder to produce SNDK type moves
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$MU (8.3x Fwd P/E) and $SNDK (8.7x Fwd P/E) are valued almost identically.
The setup reminds me of a classic catch-up trade: one stock moves first, the other follows.
If memory demand stays strong and ER delivers, $MU could follow $SNDK’s path and see a major re-rating.
ER in 2 weeks. 👀✅
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Given how much Space got whacked on Friday, I was expecting them to be up a lot more than they currently are tbh…
Seems like $SPCX has ruined all the momentum for the sector.
$RKLB $ASTS $PL $RDW $SATS $FLY $YSS $LUNR
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$SNDK +87 $MU +52 $INTC +5 $SPCX +6 $AMD +18 This evening
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Serious question.
When everything pumps to oblivion tomorrow, what rational reason do you have to sell into the strength knowing that the war is over, inflation risk is no longer an issue and rate cuts are back on the table. All whilst earnings continue to massively beat and raise guidance as much as they have been?
I don’t see a reason to be bearish providing the conflict doesn’t start up again.
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