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$MU

InvestAnswers on $MU (Nov 4, 2026)

AI summary · InvestAnswers

MU is very cheap at a P/E of 7 and has cleanly bounced off the same ~780 (782 today) support that launched its July bounce; the speaker would buy again if it approaches those levels, though support can sometimes break.

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InvestAnswersPublished Nov 4 · 4 passages

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Micron fell 4%. Once again, this stock is trading at a P/E ratio of 7 and is plummeting wildly.

Micron is still up by 180%, AMD by 126 %, Marvell by 85.3%, ASML by 39.52%, and Alab by 33%.

But the predictions that were wrong: Marvell, Altrix, Micron, Nvidia, Palantir, Bitcoin...

Micron, just like SK Heynckes, that stock has crashed, okay? This stock is very cheap. We got a gift in July when it dropped to 780. And now it's back to almost 780 again. So, we are seeing a return to July prices, well, it's back up to 800.

It's on the rise. It has reached ...how low has it fallen? It reached 782 today. Good? This is amazing. You can simply draw one of our yellow lines here. Well, we can't see the bar chart because it's on the daily timeframe.

Let's activate "Hiken Ashi" and you can see the movement accurately and how perfect it was. Oh, this line should be here. Oh, take this. Literally, boom boom, back to July levels, bounced very clearly, bounced very clearly off level five.

A clean bounce, just like we had in July. So, another thing you can do is that it’s always a good idea to zoom in on the chart, take a look at the graphs, and go back to where the price bounced off previously.

And if you see him approaching those levels again, just grab him. Sometimes it might break. Well, there are times, yes, when support may break a little, but most of the time it holds. And that's the magic of it.

What this channel has said about $MU

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