Next week $MU is likely to rebound and retest $1,000.

On Friday, it was dumped all the way from near $986 down to $920—looks weak, but I’m more inclined to think this is concentrated profit-taking after the prior sharp surge, not that the trend has fully ended.
MU’s core logic hasn’t changed:
Demand for HBM and high-end DRAM for AI servers remains strong, and big tech’s capital expenditures are still ongoing.
So next week, as long as it holds around $900, the funds are likely to flow back in.
My expected path is:
First stabilize and stop the decline around $900–$930, then recover to $960–$1,000.
If Microsoft’s and Amazon’s earnings reports continue to further reinforce AI investment, MU even has a chance to break above $1,000.
Next week, MU is likely to close higher on the weekly chart, with the goal of reclaiming $980–$1,000.
The only signal that truly warrants going short is:
A heavy-volume breakdown below $900 that it can’t reclaim.