https://preview.redd.it/fwwixq0av5dh1.png?width=1098&format=png&auto=webp&s=e2e711b654b921d0a0f25907f477420fb351a934
Been tracking Micron for a while now and this week it came up again in the moomoo community feed under the P&L share section. High engagement, 19K views on what looked like a pretty straightforward position post.
The memory chip cycle has been the kind of trade where timing matters more than conviction. MU tends to front-run the cycle, so whenever it starts showing up in community share threads it usually means retail is starting to rotate in.
Not saying this is the top or the bottom, just that the volume of people posting $MU P&L snapshots tends to spike right before the stock either rips or gets crushed. Classic crowding signal.
Anyone else seeing unusual positioning here, or is this just another noise trade?