PremiumMicron to the rescue overnight. The company smashed expectations, guided well ahead of consensus, and raised its outlook as HBM demand continues to outstrip supply. Global futures rallied, with Nasdaq futures leading and Korea and Japan both firmer, led by memory names.BUT...
As Micron Rolls Over, BTIG Warns 'Narrative Follows Price, And That Can Change Quickly'
...the further the rubber band stretches to the upside, the sharper the reversion to the downside is likely to be...
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