Micron Technology, Inc.
MU
Bullish$1,045.05+2.80%3D · 2026-09-10Predicted move
+2.80%Target $1,045.05
Actual move at settlement
-3.85%Confirmed close $977.41
Both measured from $1,016.59 on 2026-09-04 · Target close 2026-09-10
Direction missed
How this is scored
Direction correct: 50 points. Move error of up to 0.5 / 1 / 2 / 3 / 5 percentage points earns 50 / 45 / 35 / 25 / 10 magnitude points; larger errors earn 0. A wrong direction can still earn magnitude points. A flat close matches neither direction. Points are not returns.
Thesis
GPT-6 Astra revived AI-memory demand; MU closed 2026-09-04 at $1016.59 (+6.1%, ~35M shares) with STX/WDC/SOX confirming the tape while SPY fell. Expect modest continuation into the first post-Labor Day sessions before CPI (Sep 11). Invalidation: sustained break below the Sep 4 session low near $969.
Chart
Reference chart may include later prices. Settlement uses the confirmed target-date close above.
Discussion
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