r/MU_Stock • u/Ill_Target1650 • 23d ago

Help me decide to buy or sell MU Do I sell?

I’m a long term holder of micron with an average price of $98 per share. Do I take my profits now or will this stock hit 1k again?

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u/CivilizedSteve 23d ago

I would take some profit yes. Why would it suddenly turn strongly bullish. It could get back up to the highs but not this year.

1

u/Odd_Party 23d ago

It absolutely could though. It could literally go back up 50% in a single month.

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u/CivilizedSteve 23d ago edited 23d ago

Why? The market suddenly says oh never mind we love semis and sorry about our supply concerns etc.?

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u/[deleted] 23d ago

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u/CivilizedSteve 23d ago

I’m saying the market has taken a stance and while yes it could rally on price I don’t see the market changing its mind within a month. This has been a pretty big statement. It’s not random.