1️⃣ AI Boom: Micron’s advanced DRAM and NAND solutions are fueling growth in AI and cloud computing, with Nvidia’s ecosystem showcasing its critical role.
2️⃣ Analyst Targets: With 42 ratings averaging $131.47 and highs of $150, Micron offers over 50% upside from current levels.
3️⃣ Automotive Growth: As the top memory supplier for autonomous vehicles, Micron dominates a market set to grow at a 27% CAGR.
4️⃣ Technical Momentum: Breaking $75 resistance, a golden cross and rising volume confirm strong bullish signals.
💹 Trade Setup:
TP1: $100
TP2: $110
TP3: $120
SL: $80
Micron is a top-tier AI play at a deep discount. With massive growth catalysts, it’s primed to soar! 🚀