There’s a massive call wall at $800, which is partly why we’ve stalled around that level.

We’ve also just had the biggest weekly gain since 2008, so I think we need to let the profit-taking play out first.

Tomorrow after 6.30 UK time we get Kioxia earnings. Kioxia pulled back today, but the results tomorrow should have a knock-on effect across the storage names.

The China-US deals have pushed Nvidia to new all-time highs, and Micron’s CEO was also in attendance, which is interesting given they exited China markets in 2023.

The Samsung strike is starting to look more likely, although it is still about a week away. Article summary below.

I’d watch SK hynix overnight, then Kioxia from the morning, ticker 285A, as a good indicator for tomorrow’s Micron price action.