Active
Will Micron (MU) shares fall below $1,020 due to Goldman Sachs' downward revision of its forecasts?
Volume~$44
YES chance
100 BPCX
100 BPCX
DescriptionThe downward revision of production forecasts for foldable devices is directly linked to the sky-high prices of memory chips (DRAM/NAND). Micron Technology (MU) is trading at historic highs around $1,133.99 per share. However, if high component costs trigger a drop in demand for mid-range smartphones, chipmakers will face a decline in orders. This trade is based on the expectation of local profit-taking by large funds and a break below the $1,020 support level during July trading.
ConditionsYes: if, between July 15 and July 25, 2026, the closing price of Micron Technology (MU) stock on the NASDAQ is ≤ $1,020.00 at least once.No: if, between July 15 and July 25, 2026, the closing price of Micron Technology (MU) stock is always strictly > $1,020.00.
Timeline
OpenedJun 20, 2026, 7:24 PM
Closes
Jul 14, 2026, 8:59 PMChecking results
—EndsJul 26, 2026, 8:59 PM
OpenedJun 20, 2026, 7:24 PM
Closes
Jul 14, 2026, 8:59 PMChecking results
—EndsJul 26, 2026, 8:59 PM
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joS_edge
joS_edge24 BPCX
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NastyAeolis
NastyAeolis20 BPCX
Active
Will Micron (MU) shares fall below $1,020 due to Goldman Sachs' downward revision of its forecasts?
Volume~$44
DescriptionThe downward revision of production forecasts for foldable devices is directly linked to the sky-high prices of memory chips (DRAM/NAND). Micron Technology (MU) is trading at historic highs around $1,133.99 per share. However, if high component costs trigger a drop in demand for mid-range smartphones, chipmakers will face a decline in orders. This trade is based on the expectation of local profit-taking by large funds and a break below the $1,020 support level during July trading.