$MU

MU closed below the 820 and is now two days below the 50-day, so its momentum is rolling over; with Western Digital under its 200-day and SanDisk under its 50-day, be at least a little careful with MU; he would not be buying here and is not in it, and MU was down $20 that morning.

Name: Scott Redler’s #630club - LIVE Premarket Stock Market Update
Uploaded: 2026-10-12T11:04:03.000Z
Description: MU closed below the 820 and is now two days below the 50-day, so its momentum is rolling over; with Western Digital under its 200-day and SanDisk under its 50-day, be at least a little careful with MU; he would not be buying here and is not in it, and MU was down $20 that morning.

BearishHe framed it in weeks

“Scott Redler’s #630club - LIVE Premarket Stock Market Update”

T3 LivePublished Oct 12 · 3 passages

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well to be honest it's hard to really tell except for it was hard to trust MU Right. MU closed below the 820 one day. Some people like Red Dog, we've seen this before. It gets choppy.

I'm staying the course. Well, I'm not. You know, when when the when a momentum situation or strong sector is above the 820 one day, I try and be long. Like look at this move above the A21 day the entire time until right here when it broke in July. So now it's kind of rolling over.

So if Western Digital is below the 200 day if SanDisk is rolling over below the 50-day this is now two days below the 50-day you got to be a little careful at least with MU.

And you look at MU this morning it's down $20. So there might even be some people short MU saying hey I'm getting paid this morning. Remember I told you on Friday when they you know they gapped it up.

I'm like I wouldn't be buying here. Maybe if you're good short sell it. I didn't sell it but at least I I'm not in it. So that's you know small win.

What this channel has said about $MU

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2026-10-12BearishThis one

well to be honest it's hard to really tell except for it was hard to trust MU Right. MU closed below the 820 one day. Some people like Red Dog, we've seen this before. It gets choppy. I'm staying the course. Well, I'm not. You know, when when the when a momentum situation or strong sector is above the 820 one day, I try and be long. Like look at this move above the A21 day the entire time until right here when it broke in July. So now it's kind of rolling over.

2026-10-09Bearish

Um yeah. MU. Jesus. MU. Talk about sloppy. Um it's still fine. It's not special. It's fine. If you bought it on the closed thinking you get followthrough yesterday hurt. I had it yesterday. You know, if if you said, "Hey, I'm just going to buy it and and I'm going to give it to this point of reference of 1011," then you're then you're fine. Okay? You're not overtrading it. These things are really hard. You know, this choppy choppy choppy, but it's probably up 20 points this morning. 18. There you go. So, it's still here. If you're trying to play for a breakout and momentum, there's just none of it. If you're trying to play for this to get above here and go, guess what? You're getting hurt. I I'm trying not to do that. I'm because I'm an old school momentum trader. I like to buy high and sell higher. That hasn't been happening. So, what am I doing? I'm trying to be a little bit more careful until better times ahead. Anyway, you know, I would say from MU to not overtrade it. If you have positions on be in it verse 10, you know, 2011 and let it go sideways and then if you really get clues that maybe there's momentum, you know, then potentially you could add, you know, and you could maybe get a move like you had in SpaceX where we were, you know, buying it on on on dips only and then finally it took an area out and went. It's going to need a lot of volume and some news.

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