$MU 24 hours down nearly 8.5%, now at $895.8. Against the backdrop of Mag7's overall resilience, this drop stands out sharply in the semiconductor sector. Funding is at 0, OI has 95k contracts, with a trading volume of $1.3 billion; liquidity is decent but the price just couldn’t hold.
This isn’t just a simple sector beta retracement. The Philadelphia Semiconductor Index’s drop has been limited during the same period, but MU has tanked over twice the sector average. Historically, such divergence often indicates that funds are actively pulling out from specific assets rather than just rebalancing with the overall sector.
Trading Tag: #TradFi #链上美股 #MU #TSM
Are you bullish or bearish on MU moving forward?
This isn’t just a simple sector beta retracement. The Philadelphia Semiconductor Index’s drop has been limited during the same period, but MU has tanked over twice the sector average. Historically, such divergence often indicates that funds are actively pulling out from specific assets rather than just rebalancing with the overall sector.
Trading Tag: #TradFi #链上美股 #MU #TSM
Are you bullish or bearish on MU moving forward?