Slump 🤯 Oh my goodness! Revenue of 41.46 billion, gross margin of 84.9% — this isn’t Nvidia, it’s Micron, cutie.

A memory chip maker pulling profits like a top consumer brand — AI demand for compute hardware is already beyond reason.

But look at the K-line — $MU ‌
From the peak of 1255 to 961, down 23%. The script where all the good news is already played out is back again?

📉 Bollinger Bands lower band at 885; price stays right along the lower band. RSI at 40 hasn’t reached oversold yet. The MACD death cross is widening, with the bears in a dominant position.
$ETH ‌

🧐 My take: the earnings report is explosive, but the stock price is still falling—there’s a high chance that the stock will trade sideways with a bearish bias in the short term. But that 84.9% gross margin isn’t fake. The company has signed 16 strategic customer agreements to lock in long-term pricing, and supply tightness is expected to continue until 2027.

🔥 Key levels: Only if it holds above 980 can there be any chance of a rebound. If it can’t hold 950, the next support is 885.

💡 On execution: If you’re trapped in positions at higher levels, don’t rush to cut—waiting for the 980–1000 range to reduce your position in batches is more solid. If you want to buy the dip, wait until RSI breaks below 30 or the price moves to around 885—this is not the time.

Remember: A good company ≠ a good price. If the timing is wrong, you’ll still lose money.

If you found this useful, hit follow—let’s chat about your positions in the comments!