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Great, DRAM is holding at the 58 level again—hope it doesn’t break below on the close.
Honestly, whether it goes up or down right now doesn’t matter; as long as it chops sideways and waits for the moving averages to come down, the Bollinger Bands to tighten, and volume to decline, that’s enough.
DRAM’s premium is currently -8%. To be honest, seeing it is still pretty shocking. A super popular storage ETF with this kind of premium—do you think there’s any bubble left? This premium basically has no room to fall further. And if it rebounds later, it’ll most likely need to catch up as well. Having this premium in 2026 would be the existence of a “golden pit.” Even if storage doesn’t rise even one cent, just repairing this premium would give DRAM 8 percentage points of upside. 🤦 Opportunities like this are truly rare—if you miss it, you really miss it.
Buy the dip, hold long-term, Discord in profile.