Preparing for the fifth wave: Micron 1466, SanDisk 2847! 1. Micron MU The first main wave is complete, and now it's consolidating in the fourth wave. Once it breaks through the major resistance around 1038, the fifth wave could kick off, with a target of 1466. But this is also the strongest defense zone for bears, so don’t go heavy chasing highs. If you’re already in, hold on. If you want to buy, go light and wait for the right opportunity. 2. SanDisk SNDK The trend is almost a copy of Micron. A head-and-shoulders bottom has formed at the base, and if it breaks the previous high, the target for this rally is 2847. Worst case, the rally fails, and it retraces into an ABC correction, possibly even dropping back to around 500. But that’s unlikely since the support is strong. 3. Memory ETF DRAM $40 is the bottom zone for this AI memory cycle. It has already completed an ABC correction + bullish divergence + head-and-shoulders bottom, signaling a trend reversal. The key now is the 60-62 resistance zone. If it breaks and holds above this level, the cycle’s bottom is basically confirmed, and it might not revisit these levels for a long time. Buy low, don’t chase highs!