Gimcangho
07-03
Taking a hard look at the actual numbers on $Micron Technology(MU)$ after it wrapped up the session at 975.56. The massive run-up we saw through the middle of June has completely retraced, which leaves us with a highly volatile setup. My plan from here is completely straightforward. On the upside, buyers have to actively reclaim and hold a spot above 1032 to prove that a real recovery is starting. On the downside, my line in the sand is the major support shelf at $950. If the stock drops and stays below 950, the immediate bullish case is completely broken and I am cutting active positions to protect my capital. Keep it simple and CHECKİNG $SPDR S&P 500 ETF Trust(SPY)$ $Vanguard S&P 500 ETF(VOO)$ $Invesco QQQ(QQQ)$
SanDisk Crashes 11% — Is This a Pre-Earnings Flush Before August?
SanDisk plunged 10.79% Friday, leading the memory sector lower. As a NAND flash bellwether, investors are divided on its pricing power and the durability of AI storage demand, prompting risk-off positioning ahead of its August 5 earnings release. Some analysts cut price targets, warning that "flash memory AI euphoria has faded," while others argue the selloff has created more attractive valuations. With earnings approaching and bulls and bears clashing on peak-cycle risk, is SanDisk's plunge an overreaction or a preview?
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