小龙先生|Jul 21, 2026 14:43
《 Micron MU Stock Rebound Target Price and Subsequent Short Selling Strategy
JPMorgan Chase's reputation and appeal are quite strong.
The contract price of Micron MU stock has rebounded again and reached the expected 0.618 level, around 925, with a current price of $930.
1. 925 disk positioning
From a technical perspective, 925 is in the low-level horizontal consolidation zone. Previously, it rebounded from 805 to 861 and then fell back, showing an overall pattern of shrinking volume and sideways trading. This structure of no volume sideways trading is not friendly to both bulls and bears, and it is difficult to form an effective breakthrough without the coordination of volume. However, it also lacks sustained downward momentum.
Looking at the market, it is currently in the fluctuation range of 900-960, with 960-990 being the first resistance band.
925 is in the middle and lower part of the range. If you go short directly, there is still a space of $35-65 above to reach the resistance zone, and the tolerance space for bears is limited.
2. Price rebound target price prediction
Based on the technical structure and institutional target price, the resistance levels for the rebound are as follows:
First resistance: 950-960
The recent resistance to 925 is also the short-term first target level, where profit taking may occur.
Second resistance: 985-990
If the volume breaks through the 960-990 area, it may test around 1030-1100. But analysts explicitly emphasize that under the current pattern of shrinking volume and sideways trading, the probability of effectively breaking through the suppression of the moving average is relatively low.
The rebound to $1068 is at the 0.786 level, which will form a head to shoulder reversal structure and be a good entry point for subsequent short selling.
Potential higher targets: 1100-1200
If there is a strong signal of breaking through 990 in volume and recovering from the key moving average, the next target is around 1100. However, the current technological structure does not support looking so far directly, which requires the cooperation of fundamentals or emotions to achieve. This probability is relatively low.
My conclusion is that shorting 925 directly carries a higher risk, so it's better to wait and see.
The optimal strategy is to wait for the rebound to reach 950-1068 and confirm that it is blocked before placing a short order, with a stop loss of 1000-1010 and a target of 900-910. If it falls below, look at 870-880.
The logic of long and short fundamentals coexists, but the technical aspect is more favorable for bears in the short term, provided that the right entry point is chosen.
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