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Technology Research Institute: CPI data is about to be released! What opportunities are there amid t
Lucas美股机会
joined discussion · Jul 31 10:12
$Nasdaq Composite Index (.IXIC.US)$ The Nasdaq opened higher today and continued to oscillate upward, reclaiming the 25,000 level. Overall market sentiment has clearly improved compared to recent days.
However, this only indicates that the market has begun to recover from an emotional low point; a single strong bullish candle alone is insufficient to conclude that the correction has ended. From a technical perspective, the 25,200 level coincides with where the index previously plunged rapidly 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 names for now; continue watching the $920 level during the rebound.
From a technical standpoint, the first target of this oversold bounce has largely been achieved; attention now turns to the second target near $920.
If a normal pullback occurs subsequently, the $820 area would still represent an attractive zone for secondary entry—but strict adherence to light positions and phased buying is essential.
MU’s biggest advantage currently remains its stable fundamentals and high investor recognition, making it the top allocation choice across the entire memory sector.

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Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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