Ansem ??️
@blknoiz06
i think we're getting close to a relief bounce in Micron and some of the AI names that have been hit hardest this week
Micron has dropped roughly 34% in a week, and the selling looks pretty extended at these levels
i wouldn't be surprised to see a green week next week, but i'm still cautious about what happens after that
a bounce back into previous support could offer an opportunity to reduce risk before these stocks enter a longer period of consolidation
i expect the eventual bottoming process to be much slower and less volatile than the sell-off we've just seen