Technology Research Institute: CPI data is about to be released! What opportunities are there amid t
$Nasdaq Composite Index (.IXIC.US)$ The Nasdaq opened higher today and continued to trend upward amid volatility, reclaiming the 25,000 mark. Overall market sentiment has clearly improved compared to the past few days.
However, this only indicates that the market has started recovering from its recent emotional low point; a single strong bullish candle alone isn’t sufficient to conclude that the correction has ended. From a technical perspective, the 25,200 level coincides with the area where the index previously plunged sharply and currently represents the most critical resistance zone.
Only if the index firmly reclaims and sustains trading above 25,200 can we confirm that the downtrend has truly halted and an uptrend has resumed. Until then, the current move should still be viewed as a corrective rebound following an oversold condition—not the start of a new bull market!
$Micron Technology (MU.US)$ MU remains the highest-conviction play among AI hardware stocks for now; continue watching the $920 level during the rebound.
From a technical standpoint, the first target of this oversold rebound has largely been achieved. The next key focus is the second target near $920.
If a normal pullback occurs afterward, the $820 area would still represent an attractive secondary entry zone—but strictly adhere to light positions and phased buying.
MU’s biggest advantage right now remains its solid fundamentals and high investor recognition, making it the top allocation choice within the entire memory sector.
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