PawsAndProfits
07-07 20:58
$Micron Technology(MU)$  

Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.

I personally think MU and its counterparts are due for a correction. Overall I am still bullish on the tech sector. But on the short to medium term I think there will be a shift of funds back into defensive sectors such as commodities and healthcare. 

@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.


Micron Rebounds 1.1% After Selloff — Is It Time to Buy the Dip?
Micron (MU) edged up 1.11% to $94.9, stabilizing after a steep multi-day memory sector selloff. Sentiment is shifting, with media asking whether now is the time to "buy Micron and SanDisk like there's no tomorrow," as both MU and Ford landed on the Zacks Rank #1 Strong Buy list. However, the cancellation of a $13B AI data center project casts a shadow over demand. Is this stabilization a second entry point in a memory supercycle, or a dead-cat bounce?
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.

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