How Verified Investing’s view on $MU changed

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2026-10-01Bearish
“Yields Stall Triggering Market Jump, Bullish Bias Remains, Micron Earnings Moves And Top Trades”
Memory chip supply glut expected in 1-1.5 years; margin collapse to 10-20% drives MU price to $300.

In addition, we saw Micron reporting good earnings across the board, beating revenue and earnings expectations and guiding higher. But that stock is not rallying mainly because everyone expected a beat and it wasn't a big enough beat to push the stock even higher in the near term.

2026-09-30Bullish
“Hot Jobs Data Spikes Yields: Markets Rally on Inflation Hope”
MU near-term technicals are bullish; holding above 13550 trend line supports push toward 1154 gap fill.

As we also know, MU just reported after hours and so far it's somewhat of a nothing burger. They have a conference call coming. We're going to cover that chart here in a little bit.

As we know, as I touched on, we've got Micron that reported after hours. That is a big stock in the stock market and one that has been extremely bullish this year. So, a lot of investors were wanting to at least potentially trim, make sure that they stay on the right side of the trade in case Micron does report and investors pull the rug.

So far, from what I've seen was before I started the show, that hasn't happened, but that still could be a situation.

Direction flip
2026-09-30Bearish
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2026-09-29
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2026-09-21
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2026-09-20Bearish
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Direction flip
2026-09-08Bullish
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