Micron’s AI Pop: Why Patience Matters HereMicron’s earnings-driven rally has put the stock back in the spotlight, with AI demand and guidance upgrades driving a sharp upside reaction. Fundamentally, the story is strong — but price has already reacted aggressively .
On the daily chart, price is making higher highs while RSI is failing to confirm, printing a clear bearish divergence . This typically signals momentum exhaustion , not the start of a fresh impulsive leg. If this were a new expansion phase, momentum should be accelerating — it isn’t.
Earnings gaps driven by narrative shifts often need time to digest . Instead of straight-line continuation, price usually moves into consolidation or a pullback to test whether buyers can defend higher levels.
Chasing price after a vertical move offers poor risk–reward . Patience allows the market to reveal structure, define risk, and present cleaner entries .
The AI story may be real — but timing still matters .
Don’t buy the excitement. Wait for confirmation.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
