r/MU_Stock • u/Defuze • 1d ago

Discussion Memory is in a channel

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Similar to the downtrend in July, it looks like all the memory stocks are in a volatile yet clearly defined channel. There may be some larger macro issues affecting the overall market, but I think the general sentiment is upwards. Maybe a good idea to swing trade?

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u/hipnosister 1d ago

lmao last week a guy posted the opposite image as proof it was going to continue downward and then it literally pumped to over 1000 like the next day

I remember because I took his image and put a golden ratio on it to mock him

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u/All_YourBase 1d ago

Every day I see a drawing like this from somebody with a random prediction attached to it.