Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

End-of-year nightmare in 2024.

Last night, I dreamed of Micron twice.
Micron's earnings were announced, dreaming of a soaring dream, and then, it turned out to be a dream that it had actually fallen.
The reality was the latter. A feeling of suffocation. However, I will not cut my losses this time.
This year, the stock with the highest increase in positions. I continued to buy as the price fell from the high. The amount equated to half of my annual income. However, there was no sign of the unrealized loss decreasing at all. The overwhelming increase in demand for HBM and the fact of supply shortage were the basis, but it was a complete lack of knowledge.
The market's adage of incorporating all events is true, and the previous price movements had told the whole story.
The decline continues even now, exceeding 16% in after-hours trading alone. It is likely to decline further during regular trading hours. The EPS guidance is too low. The immediate downside target is seen near $70, where it dropped 30% from yesterday's closing price.
I will patiently hold for more than 5 years in a long-term span.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
14
1
1
+0
1
See Original
Report
17K Views
Comment
Sign in to post a comment