MU at $1027—did you get shaken out of the car?

First, look at the surface: it fell from $1255 to $900, a 25% drop—scary enough, right?

But look again today—pre-market continued to rise another 4%, reaching $1010. Bank of America five-star analyst Vivek Arya directly said, “The market is undervaluing Micron,” with a target price of $1550. The Wall Street average target is $1563, implying another 64% upside.

First thing: Is the 25% pullback a “golden pit,” or a “burial pit”?

Over the past 12 months, MU is up 700%, and up 229% year-to-date this year. Q2 revenue was $23.86 billion, up 196% year over year; gross profit was $17.76 billion, up 499% year over year. Free cash flow was $26.2 billion, up 1291% year over year.

A company whose revenue triples and profits quintuple, yet the stock pulls back 25%—what are you panicking about?

Second thing: Three catalysts, each one tougher than the last

Catalyst one: Japan factory expansion, with 1.5 trillion yen poured in.

Catalyst two: A storage supercycle—HBM is in short supply.

Catalyst three: SK Hynix’s US IPO, igniting the entire sector.

The whole sector is rising—MU isn’t fighting alone.

Third thing: The technicals tell you—shorts got blown up

A V-shaped rebound straight from the low of $900.41 to $1027, with a single-day range of 6.24%.

Trading volume of $39.8 billion—number one across the entire market—this is real institutional re-buying.

RSI violently bounced back from oversold territory, and a MACD golden cross signal appears.

Key resistance at 1025-1030 is being tested. Once it holds, the targets point straight to 1100 → 1214 → 1255 (ATH).

In a bull market, a 25% pullback is called a “golden pit.” In a bear market, a 25% pullback is called a “burial pit.”

The only difference is whether the fundamentals have changed.

Has MU’s fundamentals changed? Q3 revenue was $41.5 billion, up 346% year over year. Net profit was $28.2 billion, up 205% year over year. Is that “getting worse”? No—this is unbelievably good.

Bull versus bear—you decide.

On one side:

Bank of America target $1550, Wall Street consensus $1563

Japan factory expansion of 1.5 trillion yen, national-level subsidies

Storage supercycle, HBM in short supply, and delivery lead times continuing to extend

The whole sector surging, capital flowing back into AI hardware

Up 700% over the past 12 months—once the trend forms, it’s hard to reverse

On the other side:

It just dropped 25% from $1255—trapped shares need to be digested

Broad market sentiment still remains cautious

If it breaks below the 1000-1010 support, the rebound could fail

Key levels

Upper resistance: 1025-1030 (today’s high zone) → 1080-1100 → 1214 (previous high) → 1255 (ATH)

Lower support: 1000-1010 (near today’s low) → 980 → 900 (the iron floor)

Short-term traders:

Wait for a pullback to 1010-1015 to enter, stop loss at 995, and sell half at the first target of 1080-1100. After it holds 1025-1030, add more, targeting 1200-1255.

Swing traders:

Enter after the daily close holds above 1025, manage with a trailing take-profit, aiming for 1255-1500.

Long-term believers:

DCA blindly below 1000. Add every time it drops 5%, hold for 6-12 months. Betting on $1.5 trillion in AI infrastructure spending plus the storage supercycle continuing through 2028. Analyst target price: $1500+.

MU now is like Nvidia in 2023—

99% of people think, “It’s gone up too much, it should be falling,” but every pullback becomes a new starting point.

At $1027, you’re not buying a stock—

You’re buying “the rarest oil of the AI era.”

Tell me in the comments: what’s your MU cost basis?

At $1027, are you adding positions or getting out first? 👇#GUSD年化升至3.8% #特朗普宣布美伊停火结束 #SK海力士ADR获超额认购 $BTC $ETH $MU