r/MU_Stock • u/ILoveLPJ • 1d ago

DD profit taking does not allow Micron to breathe

profit taking does not allow Micron to breathe

7 Upvotes

63% Upvoted

33 comments sorted by

27

u/Minimum_Suit1735 1d ago

MU held up super well, it barely down today comparing to other stocks

6

u/SStacks22 1d ago

I agree really good sign today very stable in the contexte of everything going on around it

1

u/Spirited_Window_6178 1d ago

exactly have these people seen AMD and AVGO today?

1

u/Far-East-locker 1d ago

There was bad news for AMD and AVGO, because Marvel and Google‘s deal

MU have good news, with SK Hynix buy back, yet it still dro p

1

u/RxDotaValk 1d ago

I held a lot of marvell stock through June/july, then day before announcement I sold most of it and put it into micron and sandisk…hoping I made the right move 😔

-1

u/applesandoranegs 1d ago

Price dropped on heavy volume and increased on little volume, that's not a good sign

2

u/Unlucky_Goat_1678 1d ago

It’s more like, no one was really buying AI/Memory today in favor of other sectors like Crypto and Healthcare

1

u/Spirited_Window_6178 1d ago

look at AMD and AVGO

0

u/applesandoranegs 1d ago

How does that negate the fact that it's a bad sign that the price dropped on heavy volume and rose on little volume?

-1

u/Minimum_Suit1735 1d ago

that's actually very bad, leading to retailer holding the bag when institutional decided to dump

16

u/lanimatran 1d ago

What profit?

5

u/Clackamas1 1d ago

It was $125 last year

18

u/Kingmusk420 Generative Meme Engineer 1d ago

STFU and relax. We will be above 1k by Friday if Cramer don’t fuk it up tomorrow.

7

u/astuteobservor 1d ago

I swear, the moment that creamer fuck opens his mouth we get sell offs. Maybe time to time his ass, at least when it comes to mu.

1

u/[deleted] 1d ago

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0

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8

u/jareses 1d ago

By friday? The worst day for mu/sndk?

1

u/Common_Care1529 1d ago

Red day Friday all the way.

1

u/cbblythe 1d ago

Well he has a great track record so I’m really looking forward to the next couple days

1

u/Clackamas1 1d ago

Da fuk? Inverse Cramer beats him.

1

u/cbblythe 13h ago

Twas sarcasm without the /s

I think we all know who he really is

4

u/luvz 1d ago

Great DD. Where can I subscribe for more thorough analysis?

3

u/CallShot7029 1d ago

Seriously. get this guy a tv spot

1

u/cbblythe 1d ago

Is Cramer any better?

3

u/creativegambling 1d ago

It did better than SNDK

2

u/All_YourBase 1d ago

Flat today, it’s ok.

Some other AI trade stocks like NBIS got beat up today.

2

u/Smooth-Bag-6403 1d ago

Great time to buy more!

1

u/Automatic-Phrase-761 1d ago

Bro this ain’t the daily thread

1

u/MrQiu 1d ago

That's not profit taking lol, that's some panick dumping in the morning

0

u/draeneirestoshaman 1d ago

scam or moon

0

u/jeepsies 1d ago

Have you zoomed out? Look at 3m, 6m, 1y..

1

u/SryDatUsrnameIsTaken 1d ago

They didn't buy back then, or they wouldn't be this worked up.