Public trading strategy
Micron blows out earnings but tech stocks are selling off — buy the dip on the r
Thesis
Micron's revenue more than quadrupled to $41 billion, proving the AI infrastructure buildout is accelerating, not slowing. Yet despite this, a global technology sell-off is dragging down even the strongest AI names like Nvidia and SanDisk. When a company with blowout fundamental results gets caught in a broader market panic, it often creates a short-term mispricing. The combination of confirmed massive AI demand with indiscriminate tech selling is a classic buy-the-dip setup.
Strategy approach
Build a strategy that enters long MU when the stock drops >5% in 2 days following a positive earnings surprise, and exits when the stock recovers to its pre-earnings level or after a 10-day hold. Confirm entry requires Nasdaq to be down >1.5% on the entry day.