Micron Is Going to $1,434

The bears are wrong about Micron (MU). The company delivered a monster earnings report, and JR Romero says the stock is going to $1,434 by late December to early January.

JR breaks down everything you need to know about Micron after its latest earnings beat, including:

• Fundamental Growth: Breakdown of $87% gross margins, $32B in financial commitments, and sold-out HBM capacity. The numbers point to accelerating AI demand, not a slowdown or anything close to it. Plus, Micron's valuation remains incredibly cheap.
• Wall Street vs. Reality: Debunking recent analyst downgrades and bear arguments.
• Tape Reading & Overhead Supply: How $MU is absorbing 20–25M shares of resistance around key levels.
• Wyckoff Re-Accumulation: Identifying the post-earnings shakeout inside the major demand zone.
• Price Target Projections: The exact measured moves indicating how $MU can get to $1,434.

So if you were disappointed by Micron's sideways initial reaction to earnings, you should watch this video and get re-educated.

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