
Total Assets
Rate Of ReturnThe bounce came right on cue! (Refer to my comments yesterday posted before markets rebound) If this bounce can sustain above critical supports, I am expecting a B wave rally into April/May. However, memory names such as Micron and Sandisk retreated as the general market soared. Narrative seekers will point to the Hynix news. Fair enough but technically, the names mentioned prior were in a minor second wave which is now extending to the 61.8 at 397 for Micron. Bullish uptrend intact and when you think of the big picture, the news is actually bullish for all! Expect the memory names to bounce soon!
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