TradingKey – Micron begins September 8 with its latest completed close at $1,016.59, a 6.1% gain on Friday, and almost in line with the reference price of $1,014.85. With the above consolidation break and holding above $959.02, the technicals remain positive. Fundamentals are strong as well. All signs point toward continued pricing strength. Q3 bumped up to $41.46 billion, with a target of $50 billion for Q4. HBM4 is now shipping, and both DRAM and NAND pricing expectations continue to firm. For now, the primary short term concern is valuation. With the bar set high, investors could be disappointed by the September 30 earnings call.