
Let me share my experience with everyone, just for future reference.
Why did I say before the market opened that today would be about a five-point temporary profit-taking, and even if not fully liquidating, at least sell a portion? Because there's a real risk of money being at stake.
I thought the selling wave could stabilize with APP, but it crashed too fast, same with real estate last night. Why did I say to decide whether to sell based on the intraday chart?
The first point is because Micron follows the Nasdaq intraday movement. Although there's positive news today, a major market drop will definitely trigger profit-taking.
The type of intraday chart in the picture is one of the most annoying ones. It's been almost two hours since the market opened, and the bottom is still unknown. So, for this kind, you must decisively liquidate when the Nasdaq turns green and rebounds but hasn't stabilized.
As for the buying point, at least observe the index today. Tomorrow is Friday for the index. Given the nasty character of US holidays, the last day is usually hard to rise.
I'll observe tomorrow and then tell everyone whether to buy back in. Good night, bros.
$Micron Tech(MU.US)$Western Digital(WDC.US)$Sandisk(SNDK.US)
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