Micron's technical setup is constructive; holding above $1,000 and breaking $1,040 are key bullish indicators.

Also, interestingly enough, Micron um so this dipped out of the open. I haven't checked SanDisk yet, but I will. This dipped out of the open and is getting bought and moving back above its VWAP. This actually looks constructive.

Micron uh really trying to defend that that $1,000 level. We barely closed above it yesterday. Uh and now we're trying to uh hold above it this morning. So $1,000 is is a pretty uh pretty important level here for Micron.

Micron. Oh my Micron. Look at that little little shake and bake right off the open. Here we go. Red to green on Micron. Um thinking what maybe 1020. for Micron. Look at the price action that we've had uh since July 1st when we lost the when we uh first lost the 20day SMA.

Um the resistance area ever since then has been about 1040 because every visit back since we lost that moving average uh the first one was July 9th rejected at uh at 103550. The next visit up here on August 17th rejected at 103613.

The one that we just had yesterday 104107. I think 1040 is the spot that we need to break through and hold above because that's that's where all the rejection happens lately.

Look good though. And Micron is mooning.

Micron's still climbing. Uh, yep. Right near the highs. 12748 is the high right now. We're still looking for uh 140. You were long some of the memory names right? like maybe it was just Micron.

Let me know how you're doing on that. This we talked about this pretty much not being over and despite the pullback they're probably being a little bit more micron here. It' be interesting to see if this can actually break and move towards the 1200.

Micron still going.

Uh Lion register ring due for you on the Micron calls. That thing has just been straight up out of the gate. Now we just talked about this possibly breaking out from this 1040 spot.

Looks like you're selling it up near their resist up there near resistance. Let me know if you take another one if that can hold above uh 1040 if we do get that.

This really can't get the most of the move was in the pre-market. This thing really struggling with 650. Yeah, depending on how this uh current micron candle and the fiveminute chart closes that it could indicate uh I mean we still have a minute 15 left but it's if it closed right now it look it would look like a reversal candle.

So, um, starting to, uh, I think I would be keeping an eye on Micron, uh, on how this current candle closes. You have a minute left. Maybe it pops up to 140 and then comes back in, but 140 is going to be, I think, the resistance to breakthrough or to, uh, uh, for the price to get rejected.

Micron's still not done. Looking for 1040. Yeah. Uh 1,125 bucks in 20 minutes is a good day's work. 1038 micron. It's $2 away from that resistance area we're discussing. Watch it just get a whole huge amount of volume and just take out 1040 and just go even higher.

That'd be hilarious. But yeah, we'll see. We'll see if that ends up happening. I I still just have an expectation that we'll see 1040 and whatever happens happens after that.

We saw SKH Heinix and Micron moving before SanDisk.

Okay, here we go. Here we go with Micron. There it is. 1040 and it just kind of ripped right through it. A lot of tech names with call buying. Apple, Spotify, Tesla, Nvidia, um Micron right there at the top, although that one's a little bit delayed.

Now, if if Micron reverses here and starts coming back in, I think we're going to just, you know, it can dance around the VWAP all at once, but I think the bottom line is we just want this to hold above a thousand.

I think that's all we want. had a really nice run here. Maybe it goes even higher uh throughout the day. But as long as we're holding a thousand, I think that's that's all that needs to happen.

Lion says 13. Let's wait a little bit on Micron to cool off so we can reload it. That sounds like that sounds like prudent trading. That's after we hit that 1040. I thought, you know what?

That's that's the time that we need to just let this thing back off. And if it holds above a thousand, great. That's so wa watch this be the first red candle. Well, not the first one, but the first red candle since we've had this these series of green candles taking us up here.

We've got six seconds left. What's it going to be? Are we going to It's looking like we're we're putting in a reversal candle here. So, we'll see if that ends up materializing.

Micron's still not turning around yet. It's uh climb trying to climb higher. Still not higher than the 1042 high it made in the last candle. But uh see if it ends up turning around here in the next 5 10 minutes

Uh, spy here rolling over the Q's pulling. That's bringing Micron with it. we were just talking about how Micron was looking like it put in a reversal candle. did got a little bit higher highs in the next candle and now we're rolling over or at least starting to.

It might get some support uh somewhere in the the low 1000, but we needed to we needed to stop this uh crazy upward uh movement here and kind of pull back a little bit so we could go higher.

Micron, SanDisk, uh NASDAQ, those are really pulling.

We're getting a bounce here in both SanDisk and Micron.