Micron: I Think We Could Get An Upside Breakout

Oliver Rodzianko 7.08K Followers Follow Summary Micron Technology is at a tactical short-term buy point, with bullish technical signals and supportive fundamentals. DRAM and NAND markets remain tight, with AI/HBM demand absorbing capacity, supporting high prices and margins for MU. I maintain a Hold rating for long-term investors, citing valuation risks if memory supply expands and margins compress. My strategy involves tight stop-losses and dynamic position sizing, balancing tactical upside with macro and sector risks. Lokibaho/iStock via Getty Images Since my last Micron ( MU ) analysis , the stock has lost -11% in price. Now, the stock appears to be recovering after its recent minor correction. The price just retook the 50-day MA, and the 10-day just up-crossed the 20-day This article was written by Oliver Rodzianko 7.08K Followers Follow Oliver Rodzianko is Director of Invictus Origin and a private investor managing a high-alpha portfolio strategy focused on rotation and disciplined cash deployment during market dislocations. Analyst’s Disclosure: I/we have a beneficial long position in the shares of MU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I have QQQM puts. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.