To The Moon

$Micron Technology(MU)$  It finally looks ready to move, with plenty of room to run as it wants, and only 3 more weeks until the next ER on September 30. The setup is getting interesting. Now let the chart do the talking and give it room to breathe. The casino is going to be very volatile.

$NVIDIA(NVDA)$ $Micron Technology(MU)$  $Invesco QQQ(QQQ)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Working through several fib retraces on the way up, and each one looks like fuel for the move higher.

$Micron Technology(MU)$ $NVIDIA(NVDA)$  is getting close to a key moment.

Jensen said in an interview that shorts are in serious trouble today. $NVIDIA(NVDA)$  $SPDR S&P 500 ETF Trust(SPY)$  $Micron Technology(MU)$  $NEBIUS(NBIS)$  $Invesco QQQ(QQQ)$ 

$NVIDIA(NVDA)$ $Micron Technology(MU)$ $SanDisk Corp.(SNDK)$ $Advanced Micro Devices(AMD)$ The market makers have conditioned us to expect strong earnings to get sold off. That sentiment could shift after Nvidia reports. Bulls are ready to take back the AI trade.

$Micron Technology(MU)$ I really don't get why sentiment is this bearish. They are literally printing money with no end in sight. Not sure where all the negativity is coming from.

$Micron Technology(MU)$ The company has sold out production for two years in advance, yet market makers are still pushing the stock around 5% either way on any small piece of news that has nothing to do with the company's strong sales.

Expecting another green Monday. Shorts are in a tough spot. $SPDR S&P 500 ETF Trust(SPY)$  $Invesco QQQ(QQQ)$  $Micron Technology(MU)$  $NVIDIA(NVDA)$  $Tesla Motors(TSLA)$ 

$Micron Technology(MU)$ Here's a simplified chart going back to March. The horizontal lines mark a couple of Fibonacci retraces. The Granite Shares and Defiance ETFs really blew out the chart in May and June, and the subsequent retrace was just as sharp. The Leverage Shares ETF (MUG) started moving on Thursday or Friday, but saw little to no volume. The more leveraged the ETF, the less volume and participant coverage each one gets. As many have learned with other targeted ETFs, no volume can leave you trapped if you build any position at all. Other than that, the chart shows a steady progression in the stock price as the algos remain in buy mode. Last week Micron and SanDisk did well, especially considering SOXL gave up 25% of its value.

$Micron Technology(MU)$ Nvidia's latest statement and Micron's news from last week seem to have been the trigger for Micron this week. Micron could really take off from here.