$MU is tough to short, so probably best to stay away. That said, I can see downside accelerating next week. One of the strongest semi leaders, but that doesn’t mean it can’t follow the rest of the sector lower. $SMH is showing clear weakness while $SPY is pushing higher.
@TheShortBear Why do people love bidding up underperforming assets? That’ll never make sense to me. Clear weakness compared to the rest of the market. Just imagine where this will be when spy has a slight correction...
@Crypto_Chase The last part is so true. I go through that all the time when trading, and it takes a toll on my mental health. Sometimes I don't know why I do it to myself....
@colin_gladman Change your chart to the 12hr and turn off extended hours on spy and it will show the correct daily chart. This happens a lot and it’s the best way to fix it
@saylor@Strategy All this guy does is stall price from going down. You can’t stop algos from selling once he is done buying it will just go back to down trending.
@colin_gladman Goes up on fake headlines and when they deny it, it doesn’t give back its gain. Def a scam market just ignore the headlines and trade the price action