Go back
Active

Will Micron (MU) shares fall below $1,020 due to Goldman Sachs' downward revision of its forecasts?

Volume~$44
IT
Business
Stock market
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 PM
Checking results
EndsJul 26, 2026, 8:59 PM
OpenedJun 20, 2026, 7:24 PM
Closes
Jul 14, 2026, 8:59 PM
Checking results
EndsJul 26, 2026, 8:59 PM
ActivityView all
Top poll holdersView all
Voted for YES
No holders yet
Voted for NO
#
User
Vol.
1
joS_edge
joS_edge
24 BPCX
2
NastyAeolis
NastyAeolis
20 BPCX
Choose a sideWill Micron (MU) shares fall below $1,020 due to Goldman Sachs' downward revision of its forecasts?
Active

Will Micron (MU) shares fall below $1,020 due to Goldman Sachs' downward revision of its forecasts?

Volume~$44
IT
Business
Stock market
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.