Loading video...
Video Failed to Load
$MU Is this ready for a much larger upside move after earnings & potentially driving the next leg higher for the overall market? $SPY $QQQ $IWM $NVDA $AMD Watch below! #Sponsored by GoCharting
46,605 views • 4 days ago •via X (Twitter)
24 Comments

GNG/Finnhub crowd-enhanced estimate has $MU at $32.32 EPS for this earnings. Wall Street is around $31.52. That’s ~2.5% ABOVE the Street going into earnings. If the crowd is seeing this correctly, tomorrow could be a very interesting read-through for the entire AI trade. $NVDA $AMD $QQQ

@gocharting I agree.

@gocharting MU earnings could be the spark that ignites the whole semis sector. @Kendallde_ always knows how to position ahead of these massive catalysts. I'm grabbing calls before the print, this setup looks primed for a violent squeeze higher.

What happens after earnings could matter beyond $MU. If strength here spreads into $NVDA, $AMD and the broader semiconductor group, that would be a much more interesting signal for $QQQ and the overall market. You and @mfitchic consistently do a great job of tracking those ripple effects.

@gocharting lol good luck with that

@gocharting Bullish $DRAM also with positioning, not to be forgotten.

@gocharting I’m not easily impressed on here. This did it. @jiLLzWorth has too.

@gocharting Everyone’s looking at MU right now. No pressure, right? 😂

@gocharting

@gocharting A strong $MU report could lift more than memory stocks, since $NVDA, $AMD and the broader tape all ride the same AI demand story. You and @JasonColelfod are two of my favorite follows going into earnings, since you both explain how one report can move the whole market.

@gocharting Thank you for sharing. Clear, useful, and no unnecessary noise. You and @yun_21111 are who I follow closest.

@gocharting The options tape adds context to $MU: our Sept 29 Flow scan flags a possible call combination with $141M gross premium across 4 legs. Direction is unconfirmed; next-day OI is pending. Today’s screenshot below. Daily updates:

$MU is back on watch ahead of earnings, with investors focused on AI memory demand and HBM growth. The key levels are whether momentum can hold and if results provide the next catalyst for $MU, $NVDA, and the broader AI trade. You and @Robert_Newman01 are two accounts I always notice.

$MU setting up for a much larger upside move after earnings, and it could drive the next leg for $SPY, $QQQ, $IWM, $NVDA and $AMD. Memory is the tell for the whole AI trade. Watch this one closely. @Mikey_Snow_ sees the linkage. That's why you and @Mikey_Snow_ are the two accounts I most enjoy following.

@gocharting Feels like $MU matters way beyond just one earnings print this time. I like keeping up with both you and @SixColourz for different takes on the market.

@gocharting $MU could be an important catalyst here. Strong follow-through after earnings would be a positive signal for the broader semiconductor trade.I keep a close eye on your posts, just like I do with @THXNewsLLC.

@gocharting damn. I was hoping it would go up. Top signal here lol

@gocharting Love when $NVDA and $AMD get tagged so the post can pretend $MU is the new market bellwether and not just last year’s forgotten DRAM name

@gocharting Whatever you say, Sunshine.

@joeyamanley @gocharting "Co to moze bych?"

@Jake__Wujastyk @gocharting Long-term holding

@gocharting The print is not the trade. HBM mix and LTA commentary are. A beat into a 5.6% 30-year still has to clear the discount rate.

@gocharting $MU is sitting at an interesting inflection point — earnings could decide whether this consolidation turns into the next leg higher. You and @Devorahsounds consistently bring sharp setups worth watching.

@gocharting If MU rockets, I’ll finally have a legit excuse for my “to the moon” daydreams. 🤔
