$Micron Technology(MU)$ There's one gap above and two gaps below that still need to be filled. Which one gets filled first? Every previous gap on the chart has eventually been filled.
$Roundhill Memory ETF(DRAM)$ See what happens when the Korean stock market is closed? We rise. Those penny pinchers never let it fly, but they don't have a choice today.
$Roundhill Memory ETF(DRAM)$ Technicals on the DRAM ETF are pointing to more upside near term. It's put in an inverted head-and-shoulders pattern, which is a fairly common bullish reversal setup, and it's on the verge of clearing the neckline. The ETF has also pushed above a strong pivot point on the Murrey Math Lines tool and moved past the 50-period moving average, so for now bulls look to be in control. The base case would be a continuation toward the all-time high. The main hurdle right now is the high open interest on the call side. There was heavy volume on the 60 calls Friday. We'll need to see how the Sunday evening shuffle plays out to get a sense of whether those calls are being rolled or defended. Pe
$Micron Technology(MU)$ Micron's forward PE is now just over 6. Back in February it was over twice that. Hard to see the stock as anything other than a solid bargain right now.
$Roundhill Memory ETF(DRAM)$ Just my opinion: based on the strength we're seeing, DRAM could hit $60 soon. If it pulls back at the open, I'll add more. Also, FROG's move was something else — straight from $86 to $95 in a single day. That kind of strength is hard to ignore. The AI momentum feels real right now.