Why Are You Wanting To Short Micron Stock & Sandisk Stock?

Added: 2026-05-10

[00:00:01]Hey, what's up you guys? This is Junior Trader and in this video, we are taking a look at the two high flyers, Micron and SanDisk in this video. Unstoppable.

[00:00:15]Unstoppable. Now, the question is that many of you have been asking me is is this the time to short? I'll answer that question in this video as we'll go through the price action. They have been on a great run-up and as we had tech earnings lately, it has added more fuel to the fire to the upside.

[00:00:37]Rockets are propelling on these things, guys, the SanDisk and Micron.

[00:00:42]Unstoppable price action. So, let's jump right into it. Once I let you know, none of this is any financial advice, only for education purposes.

[00:00:49]Just sharing my opinion. Please do your own thing. We'll start off with Micron.

[00:00:54]So, as I just said, we had tech earnings lately and everyone is talking about in those earnings call that hey, we have huge demands, but there's a shortage of components. All right, there's supply constraints and all. Many of the tech companies are also looking to invest in many other companies to help them manufacture these things faster.

[00:01:15]Right? So, we do have that price action or that sentiment reflecting in the price action of these memory stocks, okay?

[00:01:25]It's a strong run-up. Now, technically, you should not short just because something is extended, okay? So, as we'll take a look at the price action in this video, let's identify what are we seeing in the price action right now.

[00:01:41]Micron has been our bullish play. The momentum started to come back up from 430.

[00:01:47]These are the zones I also provided to my members on Patreon. If you are interested in my memberships, details are in the description of this video.

[00:01:55]You will get access to my tools and also 25 plus stocks coverage. That I talked to the members on the price action of those. Now, Micron, we have been bullish on this thing from around 360 technically in this new run-up and then 430 around was the next momentum and that became the next support and thereafter rest is the history, right?

[00:02:18]We have been going very strong and we are in the bullish price action. You can also use my tools if you join the membership and if I turn one of those on, as you can see price action has been fully bullish from right around that zone of next momentums, okay? Now, there is I'm the mode I'm on is a passive mode, but if you open up the active mode, we will be bullish somewhere from around here. And there was some weakness below this zone. I mentioned that to my members as well. Anyways, you can just use my tools. You You would know where some weakness is, where the strength is building up, where the strength is building up. There are different modes in my tools based on what strategy suits you. You can just employ that strategy.

[00:02:59]You'll get the onboarding videos.

[00:03:01]And um that will talk about how to use these tools, okay? If you join the membership, details are in the description of this video. Now, so Micron continues to be bullish from here. Let's get to the hourly interval because just as I said, just because something is extended doesn't mean it's a short play and that still remains the case on Micron. Micron is not a short play, okay? Now, as per my last video also, I mentioned that these are the zones. There is only some weakness on multi-day possible or a day or two weakness possible if you start to lose this zone or this area around 634.

[00:03:37]We never lost that and then also regaining levels above is just a confirmation. Overall structure has been bullish.

[00:03:45]Gaining levels to the upside confirms that multi-day weakness will will develop, okay? Because overall structure is taking precedence and we will continue to remain bullish at this point.

[00:03:56]Can a pullback happen?

[00:03:58]Look, also for a day a cool off is possible, but don't expect much, okay?

[00:04:03]Because overall structure is bullish and even multi-day there is no problem even until 685 and 60 cents.

[00:04:10]Micron, at least for weeks or at least this week, even if weakness proper weakness you have to see to trade it, it's going to take at least a week to build and until that happens you are still better off being successful in trading this through the pullbacks.

[00:04:31]Play the upside if a pullback happens, but the level below hold in this case 686, there will be more levels show up on my tools by the time market opens on Monday. The nearest level will be your support zone. If you see a pullback and price action hold, technically right now that's still your bullish trade. You are still better off trading the upside into the pullbacks because this price action will just not crash just like that. Yes, it can happen, but that's why we have stop losses, but where is the higher probability? That is still to the upside. If a weakness a proper weakness to be traded to the downside at least only for multi-day right now, it's at least a week away if it shows a weakness in the week, otherwise no. You are better off trading still the upside.

[00:05:13]Yes, it may look sound counterintuitive.

[00:05:15]Oh, well, it's so extended, can you still trade upside? Technically, yes.

[00:05:19]Let the pullback happens if that happens, definitely you have to have a stop loss on the other side and let the price action stabilize at those zones, levels. My tools marks all these levels automatically for you.

[00:05:29]And um yeah, so if you want to take away the stress of identifying the zones, identifying the levels, you need my tools because they take care of everything automatically for you.

[00:05:40]Save time, trade multiple stocks because you are you just can do it so easily and in real time. These levels will show up on my tools for you on any stock of your chosen preference in real time. It takes away a lot of that stress and properly identifying the levels and the zones completely out of your, you know, own stress. Okay? You don't have to worry anything about it. No stress, trade stress-free, focus on the trading rather than focus on identifying where the zones are, right? And accurately, right?

[00:06:12]You If you don't know how to identify, just use the tools. And even if you know, take the stress away, guys. Use the tools. All right? Details are in the description of this video of my tools to get access to them. Okay. So, anyhow, that remains the case on Micron.

[00:06:27]Even any pullback comes for a day or two, guys, you are still better off just trading at least a bounces. And if those we pullbacks turn into weakness, you will have to see the levels lose below, but that is going to be like, you know, it for a proper weakness to be traded to the downside, it's going to at least take a week for us to see or the price action to show us. Right now, there is no sign of any of that. Okay?

[00:06:55]Now, let's get to SanDisk. Another high-flyer, this has been also a bullish trade uh for us. And I have been telling my members that this is in the strength from here, 674.

[00:07:07]And thereafter, these are trailing zones that I have been telling my members that we are still bullish, still fine, just giving reinforcing the message in my videos to my members.

[00:07:18]132% gains from our this current call. Okay? On this uh SanDisk here. Now, should you buy here?

[00:07:34]Look, just like if you're in the long-term portfolio and you have a position on both Micron or SanDisk, you should in the long-term portfolio take your partial profits. Definitely take 5% off in every extension or 2.5% off in every extension at least, okay, off your position size. And then you can cap it at, let's say, 50% or 40%. So, if you keep taking partial profits in these super extensions and you are at the cap of a keyword left with only 50% of your position, then continue to hold or reduce your, you know, again, risk management, position management, do however you like, but you get my point, right? So, okay. Now, the point is that here SanDisk is just fine even until 4 1440, okay? Overall structure is fine. That's our trailing area of new support.

[00:08:23]Okay? And similarly, just as a how I said in Micron, it's not going to just become bearish just like that. You're still better off letting the pullback happens and trade the pullback. For example, you have a great case here.

[00:08:37]This one once we regained a significant level and we lost it. That was at least for a day or two a cool off beginning.

[00:08:43]Overall not bearish, but it's a multi-day weakness happening because we have lost a significant level.

[00:08:48]All right? And that weakness as it's happening is just a multi-day weakness.

[00:08:53]In the long-term portfolio you can take partial profits.

[00:08:55]Okay? But, you can see once the pullback complete, we lost an intraday level, then regained it. Strength tried to build up and this was a confirmation of next leg big building up in the momentum and then you are still trading the downside. This was a little bit of a uh different type of a pullback. Usually uh in the in such type of extensions, pullback would last technically until the significant level, which you can see here.

[00:09:22]This one, as I say, until 1439 all good.

[00:09:24]My point is that if you are thinking, "Oh, it's a short now forever." No, it's not because overall structure is still bullish here.

[00:09:33]It's just a a day or two of a cool off.

[00:09:36]So, as long as you know your horizon, so you are like, "Okay, I if you took a short, okay, got to get out when the structure turns bullish, and you got to start sizing down here in the short if you took that because it's just overall still bullish. It's just a multi-day or a day of a cool-off happening. And that's why you are still better off overall to not too much worry about capturing if you're trading swing, you got to size down in the little bit of a pullback, and when the momentum picks up again, you got to reenter. Okay? So, that's the whole point. And that's what my point is that you still have to keep you keep because overall structure is bullish, you are still better off trading pullbacks still to the upside. Okay? You got to make sure you take the position in the direction of where the price is moving if you want to make money in the market.

[00:10:22]All right? So, anyhow, so no, it's not a short. You should not short SanDisk.

[00:10:26]It's also long, long, many weeks away, I would say, for a pro if any sign of this thing cooling off right now. I don't see any signs of that. Market is super strengthful. Yes, can a red red day happen on Monday? Yes. For that, you are using the levels in the near-term understanding of the price action as just explained.

[00:10:45]But, overall structure is still bullish, okay? My tools will help you for day trading as well. Again, all that stuff you will find in the description of this video, my tools and all. And that's all I had in this video, guys.

[00:10:59]Um and with that, I'll see you in my next videos. All right, take care. Bye.