Micron Technology
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Micron Technology pre earnings action and post earnings levels.

ที่อัปเดต:
Please note that this is not financial advice but merely my personal opinion. I encourage you to conduct your own research.


As Micron's earnings report approaches, market sentiment appears bullish, suggesting a potential rally that could push the stock price toward the $150 zone. This anticipation is likely fueled by expectations of strong demand for memory products, improvements in supply chain conditions, and overall positive trends in the semiconductor industry.

Post-earnings, Micron's stock could experience two possible outcomes:

Positive Earnings Outcome: If Micron reports strong earnings, surpassing market expectations, the stock price could surge by 10-15%. Factors contributing to positive results might include higher-than-expected sales, effective cost management, and robust future guidance. This would reinforce investor confidence and drive the stock higher.

Negative Earnings Outcome: Conversely, if Micron's earnings fall short of expectations, the stock could decline by around 15%. Potential causes for disappointing results could include weaker demand, pricing pressures, supply chain disruptions, or unfavorable guidance. This outcome would likely erode investor confidence and lead to a significant drop in the stock price.

In summary, while there is optimism about a pre-earnings rally toward the $150 mark, the actual post-earnings movement will heavily depend on Micron's financial performance and market reaction to the earnings report.


I'm looking to open my position tomorrow in the early trading hours, wish I had done it a week ago.
ปิดการเทรด ด้วยตนเอง
The expected $150 was reached early but didn't hold for long and fell back to ~$140, post earnings right on negative level @ ~132.50.
Trend Analysis

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