MU — All updates

So, I start with, you know, number one. Therefore , from 110 to 150 are five charts that I consider at this stage to be in an initial upward trend, and a strong accumulation phase.

The reason I do this is that I can run a performance table and say, "Show me last month," and I can see that Meta is up 25%, and Micron is up 13%.

We also begin covering the earnings of technology companies, starting with Micron.

I usually like to buy stocks when they're low, but I'll be cautious about any AI-related dips until Micron reports its results on Wednesday.

Let's talk about Micron . You said you would avoid buying technology stocks when prices are low until we hear from Micron on Wednesday. What exactly do you need to hear from Micron to feel more confident trading tech stocks?

Micron. Raising the target price before the earnings announcement. Yes, listen, this stock has outperformed so far this year, and Bird expects it to continue to outperform. They have a very optimistic outlook on this stock.

They gave it an " overweight" rating (outperforming the market) for Micron.

Let's take a look at, what about " micron"? Buy back "Micron". I almost fell into the trap. The upward momentum alert came on September 21. It seems that he may be going beyond that mass of extreme values there.

He received eight out of nine in the evaluation. " Micron" with a rating of eight out of nine. What do you think of that? This is a great place to be.

And now next week, of course, we have Micron's earnings results, and that will be very important for the stock. Last quarter, if you recall, they announced fantastic figures; they far exceeded expectations.

Yet the stock did nothing but decline for the next month and a half . Then it moved sideways for a month, and now buyers are in control.

I know that "Micron" is among the names you buy, and with their earnings season starting next Wednesday, I would like to know your view on them. Because in recent earnings reports we have seen them significantly outperform in revenue and net profit.

I think they exceeded even unofficial expectations, yet we saw a negative reaction. Now, there is a different technical situation for Micron ahead of this earnings report.

Anyway, um so the socks because it's trading better via MU and SanDisk, which got over some important levels, Dell, CRM, um and certainly Meta.

More importantly, I think what's going to happen is that the SOXX fund will experience a kind of insane rally, and as it pulls back, the semiconductor companies we know and love and hold in our portfolios , like Nvidia, Micron, and AMD— names I believe will continue to perform well in the long run—will be negatively impacted by what I would call... what else could I call it?

Collateral damage in a broader sell-off in the semiconductor sector , where the market will start saying, 'Wait a minute, we should n't have raised the price of every stock with ' semiconductor' in its name .'

Here's a great example . Okay, I can scroll down to show you . These are some of the names in the SOXX fund: AMD, Micron, Nvidia and Broadcom are strong names. I love those names.

I've owned them for a very long time and I'll continue to own them for a very long time .

Micron is scheduled to announce its quarterly financial results after the market closes on September 30. Given that Micron's stock has already risen by more than 264% since the beginning of 2026, there are a lot of conflicting feelings among investors.

There are some investors who own Micron shares and fear that the share price will collapse after the company's quarterly financial update. There are others watching from the outside, interested in buying Micron shares, but they don't know which way to go.

I want to talk about some memory and data storage stocks like SanDisk, Micron, and the like.

Micron up 16%, Broadcom 5.4%, Nvidia 8%, Apple 3%, Google 1.7%.

Micron was the name that we had a really good earnings season with , right ? I mean, ES is doing very well. I think they added 225 or so in earnings per share this year , which was much better than the S&P 500 expectations. And now it's time for the micron.

So, I was actually looking at this, and there was another trader on our show who was really...I was trying to show this before the last 2 weeks , but the little consolidations that we saw here in late August and September, it does n't look very good to me.

However, with the breakout that Micron is seeing ahead of its earnings release in 8 days, what is your opinion on Micron at this stage?

SanDisk is pretty. MU is pretty. Intel is pretty. AMD is really pretty but all-time high already. Uh those are those are really pretty charts I think.

Uh MU I So on Friday I noticed that things were like looking good before the close. And if you look at the chart of I mean I really should when I come on the mic here I should have my chart up for so I can I can show you real quick.

But on Friday I noticed that things were shaping up like setting up into the close and I feel like somebody must have known about the China deal or because all the tech stocks started popping into the close on Friday.

And so I'm going to show you my charts real quick. And so if you look at the if you look at uh one second uh Intel pull up the Intel chart hourly chart. Where is my TC2000? Here it is.

So am I sure? Are you Yeah, there it is. So if you look at Intel hourly chart on Friday, I mentioned this in the room. Uh, we had a buy setup, but it hadn't yet popped. I mean, it when I mentioned it, it wasn't yet going and then there it is.

Long right here. Same with MU was pretty bullish. Same with the SMH. They all popped on Friday. But before the pop, they were starting to look good. Mentioned them all in the in the room. Got positions in all of them.

The cues have smashed through my 735 line. We took like the shortest breather at my line just so me Kevin could say, "We hung out at my line." That's it. It was just long enough to say, "We hung out at Kevin's line. We respected the line, but peace."

which is actually bullish for high bandwidth memory like your skinex's or your micron

I like this for a move up on Micron. It's already gapping higher today. I'm looking at a move up here to this 1150 level. This also happens to be and why I like this level as resistance.

If we use our Fibonacci tool and we drag it down, the Fibonacci 786 is almost identical with that gap fill. So that'll be my target level for the move up. And if it gets there, I would consider a short on Micron at that point.

I'm in some muou, which is micron. Both of them looked a little bit better. Not fantastic, but a little bit better. I also trimmed a little bit of MU. So, that's why it shows a sell.

Why did I trim mu? Because mu is up 2.6%. Why not trim a little bit?

I upload uh here's Micron, you