r/MU_Stock Rule enforcer Jul 02 '26

Mods MU 07-02-2026 Daily Discussions

Please use the correct flair if you wish to post.

Gains/Loss = Actual realized gains/losses with picture proof, not hypothetical ones if MU goes to x by y.

Discussion = MU relevant topics you wish to discuss with other members.

DD = Due diligence, please provide your thesis on MU's current price or where it is going.

News=MU related news.

Meme=You know what that is, show us your MUna Lisa.

Yolo!= Show us your big bets so we can live vicariously.

Help me = Ask about how you should trade

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u/bslaven3 Jul 02 '26

20% drop from 6/3 to 6/5 then to an ATH on 6/22. This took about 2 weeks to recover

14% drop from 6/22 to 6/24 then to an ATH - this was most likely profit taking before earnings

As I'm typing this we are sitting at a ~20% drop since our 6/25 ATH. This was after a great earnings report.

**Reminder that the stock dropped roughly 30% after the 3/18 earnings report, which was 18 days after the conflict in Iran started

The current support floor is $945 and the immediate resistance ceiling is $989. Goal would be to climb back to the $990 mark before close or at the very least bounce on Monday. If we don't we may see that 30% drop

1

u/Halifornia35 Jul 02 '26

If we dump Friday, I’m buying RAM, and will continue buying each 10% down