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 14% Intraday, Surges 5.7% After-Hours; Kioxia Deal Locked to 2034 — Oversold?
SanDisk (SNDK) fell 14.13% during regular trading to $1,745 before rebounding 5.71% after-hours to $1,844, highlighting extreme market positioning. Fundamentals remain intact: SNDK and Kioxia launched 10th-generation 3D NAND mass production and extended their partnership through 2034, reinforcing its supply-side moat. The sharp selloff appears driven more by leveraged liquidation than deteriorating fundamentals, while the after-hours rebound suggests strong dip-buying. As the highest-beta memory play, is this a buying opportunity, or could a secondary retest still be ahead?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Cheryl Loke
    07-03
    Cheryl Loke
    One of the biggest mistakes I made early on was thinking more trades meant more profits. It took me way too long to realize risk management is the real edge. Picked that up from Owen Moshey.
    • __Firdauslin
      wow surprısed to see Owen beıng talked about, hıs ıntegrıty ıs all over the market space on how he guıde begınners through the best tradıng path.
  • Mr Ruben46
    07-03
    Mr Ruben46
    I was able to buıld a good portfolıo from 60k to 210k in few months from his mentorshıp and daıly informatıon, he ıs a great and open man.
    • Jaden Goh
      Owen Moshey's view on market structure made me rethink a lot of habits that were holding me back.
  • Fernandez 858
    07-03
    Fernandez 858
    This reminds me of something I heard a while back: good traders focus on protecting capital first and making money second. Most people learn that lesson the hard way.
  • Rahul Gupta49
    07-03
    Rahul Gupta49
    Interesting point. I heard Owen Moshey make a similar argument about risk management a while back, what a great teacher.
  • Andrew001
    07-03
    Andrew001
    The longer I'm in the market, the more I realize psychology matters just as much as analysis. Nobody tells beginners that.
  • Marcus Lim779
    07-03
    Marcus Lim779
    I came across Owen Moshey a few months ago. The way he explains risk completely changed how I look at the market.
Leave a comment
12
1008