Can I get a loan of nearly 400000 yuan and prepare to buy shares of Micron MU? Hey guys, don't rush to buy the bottom yet. I will first use my self created six dimensional trading system to conduct in-depth analysis of Micron's stock MU and see if I can buy the bottom MU around 715. STS Six Dimensional System Analysis: Can Micron Technology (MU) Drop to $588? Current price: around $715. It plummeted over 40% from its historical high of $1254.80 in June, and fell nearly 10% again last night, closing around $730. I analyzed using the six dimensional stock trading system (STS v2.0): $588 is not a fantasy, but a reasonable goal that is approaching. Dimension 1: Market Expectations and Consensus (-1, bearish): Out of the top 46 analysts in the financial report, 40 gave a "buy" rating, with a consensus target price of approximately $1507. KeyBanc even raised its target price from $1600 to $1750 in mid July. But the stock price fell from 1255 to 715, and the funds behind the "Strong Buy" rating are flocking out. The expected correction trend has shifted from "AI infinite growth" to a "cyclical peak" narrative. Dimension 2: Quantity price and technical aspect (-1, bearish): The technical aspect has completely broken through, and the decline is still accelerating. Last night, it plummeted 9.94% to close at $739 and hit $737.88 during trading. Breaking through the integer levels of 900 and 800, and falling below the lower Bollinger Bands at $802.87. Fibonacci retracement key position (calculated from the high point of 1255): 0.382 retracement level: approximately $780 (has fallen below) 0.5 retracement level: approximately $680 (next target) 0.618 retracement level: approximately $588 (strong gravity zone location) Short term oversold may trigger a technical rebound, but the overall bearish suppression structure is difficult to reverse in the short term. Dimension 3: Actual performance and operational quality (+1, biased): The performance itself is extremely strong. Q3 FY2026 revenue of $41.4 billion, YoY+346%; Net profit of 28.8 billion US dollars, gross profit margin of 84.6%. Q4 revenue guidance is $50 billion, with an EPS of approximately $31. We have signed long-term strategic supply agreements worth $22 billion with 16 clients. The strongest performance in history, but the stock price is still accelerating its decline. The market is no longer pricing for "exceeding expectations", but for "peak of the cycle". Dimension ④: Management signals and forward guidance (-1, bearish): CEO Sanjay Mehrotra sold approximately $37.3 million worth of stock (40000 shares) on July 24th, which was part of the 10b5-1 plan but came at a time when the stock price was plummeting from its peak. The CEO has no public market buying record in the past 6 months. When executives choose to reduce their holdings during peak performance periods, the market will inevitably interpret it as' even the CEO feels that the stock price is high '. Dimension ⑤: News Emotions and Narrative Drivers (-1, biased towards emptiness) Emotional extreme panic: South Korean KOSPI plummeted 33% in a single month, triggering 7 circuit breakers and putting 1 out of 30 Korean adults at risk of liquidation; The leveraged semiconductor ETF in the United States evaporated from its peak of 163 billion to approximately 60 billion US dollars; Micron has fallen more than 40% from its peak in June, while SanDisk and SK Hynix have halved in a single month; Apple CEO Cook lobbied the White House to approve the use of Changxin and Changjiang storage chips in overseas products, directly threatening Micron's procurement dependence; Dimension ⑥: Macroeconomics and Liquidity (-1, bearish) After the FOMC decision, the US stock market fell in late trading, with the Dow Jones Industrial Average closing down 2.18% and the Nasdaq down 1.7%. South Korean financial regulation urgently tightens the supervision of leveraged ETFs, raising the margin threshold from KRW 10 million to KRW 30 million, effective from July 31, accelerating deleveraging. On July 29th, Korean retail investors liquidated their positions in a single day, closing approximately 1.7 trillion Korean won (about 1.2 billion US dollars). The comprehensive judgment result of STS is as follows: Short selling dimensions: expectations, volume price, management, sentiment, macro 5; Multidimensional approach: Performance 1 Neutral dimension: 0 Comprehensive signal: Strong short selling. 5 dimensions are empty, 1 dimension is excessive. The only support for going long is "good performance", but in the face of the combined forces of "cycle peak+deleveraging+panic narrative", good performance alone can no longer sustain stock prices. In the history of the US stock market, it is not uncommon for Micron to experience a pullback of over 30% after its peak performance, with a 73% decline from 2014 to 2016, a 55% decline in 2018, and a 51% decline in 2021. Storage chips are a strong cyclical industry, and when the expectation of a "cyclical peak" is formed, valuation contraction often precedes fundamental deterioration. Technical conclusion: $588 is a reasonable target. 588 USD corresponds to a retracement of approximately 53% from the high of 1255, at the Fibonacci 0.618 retracement level. Considering that the current fundamentals are still strong, the first support is focused on $680 (0.5 retracement level), and if it falls below, the next target will go straight to $588 (0.618 retracement level). Short term oversold may trigger a technical rebound, but the overall trend is downward. In terms of operation, the key is to see if $680 can be held. If it falls below, 588 will enter range. The current strongest trading logic is to 'go with the flow' rather than 'buy against the trend'. Overall analysis shows that this loan is a bargain hunting for MU stocks, and the risk is very high! I don't recommend buying MU at the current price of $715! You might as well wait until $588 before considering it. Remember: good performance is not the bottom, clearing panic is the bottom.