Gimcangho
07-03 15:20
Taking a hard look at the actual numbers on $Micron Technology(MU)$ after it wrapped up the session at 975.56. The massive run-up we saw through the middle of June has completely retraced, which leaves us with a highly volatile setup. My plan from here is completely straightforward. On the upside, buyers have to actively reclaim and hold a spot above 1032 to prove that a real recovery is starting. On the downside, my line in the sand is the major support shelf at $950. If the stock drops and stays below 950, the immediate bullish case is completely broken and I am cutting active positions to protect my capital. Keep it simple and CHECKİNG $SPDR S&P 500 ETF Trust(SPY)$ $Vanguard S&P 500 ETF(VOO)$ $Invesco QQQ(QQQ)$
SanDisk Plunges 14%: New Product Can't Save Memory Stocks?
SanDisk tumbled 14% despite launching its BiCS10 1Tb TLC 3D NAND chip on the same day, as the memory supercycle sell-off extended into a second consecutive session — Micron fell 5.5% and memory ETF DRAM dropped 7.9%. "Buy the rumor, sell the news" dynamics, combined with AI capex rotation triggered by jobs data, drove profit-taking across the heavily extended memory supply chain. Is this pullback a golden entry point, or the beginning of the supercycle thesis unraveling?
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Comments

  • Cheryl Loke
    07-03 16:05
    Cheryl Loke
    One of the biggest mistakes I made early on was thinking more trades meant more profits. It took me way too long to realize risk management is the real edge. Picked that up from Owen Moshey.
    • __Firdauslin
      wow surprısed to see Owen beıng talked about, hıs ıntegrıty ıs all over the market space on how he guıde begınners through the best tradıng path.
  • Mr Ruben46
    07-03 16:48
    Mr Ruben46
    I was able to buıld a good portfolıo from 60k to 210k in few months from his mentorshıp and daıly informatıon, he ıs a great and open man.
    • Jaden Goh
      Owen Moshey's view on market structure made me rethink a lot of habits that were holding me back.
  • Fernandez 858
    07-03 16:05
    Fernandez 858
    This reminds me of something I heard a while back: good traders focus on protecting capital first and making money second. Most people learn that lesson the hard way.
  • Rahul Gupta49
    07-03 16:47
    Rahul Gupta49
    Interesting point. I heard Owen Moshey make a similar argument about risk management a while back, what a great teacher.
  • Andrew001
    07-03 16:08
    Andrew001
    The longer I'm in the market, the more I realize psychology matters just as much as analysis. Nobody tells beginners that.
  • Marcus Lim779
    07-03 16:07
    Marcus Lim779
    I came across Owen Moshey a few months ago. The way he explains risk completely changed how I look at the market.
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