koolgal
08-14 07:17
๐ŸŒŸ๐ŸŒŸ๐ŸŒŸShould we chase the high on $Micron Technology(MU)$ or wait for the pullback?

Chase the high: The FOMO rocket strategy.   If the AI bottleneck has shifted from compute to storage, Micron isn't overvalued.  It is just getting started.  AI cannot think without memory & Micron holds the key to the physical vault.  If you wait for a pullback that never comes, you will be left behind on Earth watching the stock march to a USD 1.5 trillion valuation.

Wait for Pullback: Memory fabrication plants take years to build but supply always catches up eventually.  Waiting for a healthy 10% to 15% consolidation isn't being a coward.  It is being a disciplined investor waiting for the right entry point.

The Verdict: The storage supercycle is the most solid it has ever been in history, backed by real contractual cash flows.  The trend is solid but the current entry price is not.

I would use a dollar cost averaging strategy using Tiger Brokers' Auto Invest.

@Tiger_comments @TigerStars

The boss asked me to issue coins
Hello everyone! Today is the eve of the "US Stock Earnings Week War", and it is also the first day of this tiger! To be honest, the boss stuffed a pocket of tiger coins as soon as he entered the office, and gave a death order: "If you can't finish it in a month, don't think about getting off work!" In order to get off work early and eat hot pot, I will hold fresh topics here every day and wait for everyone. As long as you dare to talk, I dare to send it! Look directly at today's hot discussion ๐Ÿ‘‡ ๐Ÿ”ฅ The Nasdaq 100 fell 1.1%. Should the Fed FOMC + Big Four be safe from earnings week?
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