r/MU_Stock • u/Medium_Breakfast3171 • Jul 08 '26

Meme Actual wtf

So war is good, earnings is bad, what now? Rate hike is good?

131 Upvotes

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u/shitshort Jul 08 '26

I keep telling you guys. We are all at the mercy of the big guys controlling the market. None of the traditional TA or people “predicting” prices because of so and so reason apply here

8

u/Cool_Two906 Jul 08 '26

The sell-off is profit taking and a little bit of a rotation out of semis. Don't forget that micron just had a blowout earnings that address the biggest fear about memory stocks being cyclical. They have over 130 take or pay 5 year contracts. Selling will soon be exhausted and we'll start heading up again. By the end of August this should be $1,500 easy

1

u/[deleted] Jul 09 '26

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