Micron rebounded strongly today, rising from 893 to 935, with dip-buyers seeing slight recovery, but this should only be defined as a short-term rebound, not a reversal.



Technically, it has recovered the 7-day and 25-day moving averages, favoring short-term bulls; resistance at the 99-day moving average of 998 is clear, with a pullback from a high of 940 during the day, and heavy selling pressure in the 950-960 range. The hourly MACD has just formed a golden cross, but the RSI has not entered the overbought zone, making the sustainability of the rebound questionable.

On the news front, sentiment in the storage sector is warming, with Samsung's earnings released, and the long-term demand logic for the industry remains unchanged. MU is merely following the sector's recovery.

Trading strategy: Short-term trading, don't overstay.

For long positions, wait for a pullback to 925-930 to establish a position; for short positions, wait for a rebound to 950-960 showing signs of exhaustion before entering.

This round is only a repair rebound, with heavy resistance above. Take profits promptly when targets are reached, and wait for the market to fully stabilize before building heavy positions. #美终止对伊朗石油制裁豁免
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