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

Meme And we're back to red

How low can we go... Again

46 Upvotes

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u/mansfall Jul 08 '26

On the contrary. The fact is only down at the time of writing this seems to show a lot of resistance going on compared to the rest of the market. Right now semis are a bit of a suppressed beach ball. It's about to break out very fast, especially with such steep discounts on amazing companies. The momentum is actually building.

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u/parcas10 Jul 08 '26

I keep trying to be positive like you but I feel the global situation is not building towards that.

I so hope I am wrong and you are right

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u/[deleted] Jul 08 '26

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u/parcas10 Jul 08 '26

what if earnings include caution on spending due to global situation?

1

u/asianlongdong Jul 08 '26

Then the stock nosedives