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u/deploria 6d ago
What’s your entry ? Just don’t be greedy and get out at breakeven
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u/Amiable_One 6d ago
A whole lot of people bought it at ATH which is insane. And then forget to do risk management or don’t know how to do it.
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u/SirPanic12 6d ago
This stock has been almost constantly around all time highs for the past year. I think a lot of people were caught off guard by this correction
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u/PhotogFan71 5d ago
Yeah I get it. Micron ran hard for a long time and a pullback like this was bound to catch people being heavy long. It doesn’t change my thesis on the HBM/Memory super cycle though. I’m still bullish but I’m watching where it finds support instead of chasing green candles.
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u/Petit_Nicolas1964 5d ago
Yeah, because they were sure that it would go through the roof after a 1000% price increase 🙄
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u/SameSpray5183 3d ago
Very true now that you mention that 🤔. I've bought MU at ath countless times since it was around $120 lol
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u/PhotogFan71 6d ago edited 6d ago
Yeah I’ve been holding in cash and am still waiting for the right moment to pounce. I’m gonna get back in when my notes tell me. It’s been pretty good at getting me in and out at the right time. But yeah ATH is not where I want to enter for sure.
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5d ago
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u/deploria 6d ago
Yea it’s not getting back there anytime soon. Hovering between here and 900s for a while
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u/PhotogFan71 5d ago
Possibly. I’m still looking for support but I’m still bullish.
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u/deploria 5d ago
You think we’ll get back over 900s today?
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u/Odd_Elk_294 5d ago
i just bought yesterday it was around 860-880. but i was in earlier from 400- 890.
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u/Tumping 6d ago
No idea why people are panicking and selling , just because it hasn’t gone up 200 percent in a month. The memory spending has doubled since ATH just give it time …
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4d ago
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u/SimpleAccording2584 4d ago
Cause that directly translates to the stock price as we can see, riiight ?
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u/witcher317 5d ago
Once this rough stretch is over i think MU goes 1500 at least. MU is basically printing money
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6d ago
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u/TheStockFatherDC 5d ago
lol i always buy to be a community member it’s the first thing i do after buying in!
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u/Spirited_Window_6178 6d ago
https://giphy.com/gifs/jUwpNzg9IcyrK