Pinned Tweet
$MU
still in consolidation inside this range/box between 932-849 levels.
This low volume consolidation will burn all your options premium so wait for a breakout and confirmation before trading.
Bearish scenario is This can continue upside and sweep highs before a possible leg down, completing this daily bear flag.
Over 1000 will increase bullish bias, as of now its choppy.
Lets see $SNDK earnings later this week if it improves sentiment for the memory sector but the market in general is just bouncing after recent sessions’ sell offs.
$SPY is currently inside its daily head and shoulders pattern and the $VIX is trading inside a triangle making HL and LH.
Careful going heavy on calls or puts.
Hourly bear flag is firing to the downside.
Key level of 858 is broken, flagpole PT goes all the way down to 620-625.
The $VIX also spiked during the sell off in earlier’s session.
$MU $SNDK
Hourly triangle and intraday bull flag on MU
This is a premium killer as this triangle can continue forming til later of this week and this intraday flag is not looking strong either, it may pump fake and dump and continue lower.
Over 920 should increase buyers’ confidence, until we see confirmed breakouts, I’d stay away on $MU
$SPX is either forming a cup and handle pattern or a head & shoulders reversal pattern
Hourly triangle and intraday bull flag on MU
This is a premium killer as this triangle can continue forming til later of this week and this intraday flag is not looking strong either, it may pump fake and dump and continue lower.
Over 920 should increase buyers’ confidence, until we see confirmed breakouts, I’d stay away on $MU
$SNDK could see a reversal today or early tomorrow as it is right at the bottom trend line of the ascending triangle its been trading in. Important note is it has to hold 1660-1700
Price imbalance 1625.20-1614.39 and gap fill at 1564.53-1549.74 if $SNDK loses 1660 level. Over 1700 will re trace 1800-1828 pivot level. Be patient
$MU
If 1035 holds, this may start to melt up towards all time highs within the next two weeks
$MU
Still inside this daily bull flag but 1030 area should hold or this one will get invalidated.
Hourly double top with bearish divergence and MACD is about to flip bearish.
Bulls want to see this hold inside this range and consolidate.
Bears will eat below 1030.
Any huge orders being placed on $MU right now?
Intraday chart is forming a bullish div already.
Watch buyers step the fuck in during pre market tomorrow. Dont forget the degenerate Koreans tonight as well.
$MU $SNDK $SKHY
$MU says memory and storage will be “much tighter” in fiscal 2027 and 2028 than in 2026 which is an escalation from last quarter’s “tight beyond 2027.”
Thats huge since a lot of the $40B+ capex is going into buildings and cleanrooms now while new supply needed to ease the shortage still takes years to arrive.
















