The analyst states they rotated from TSLA to MU at $448 per share and calls MU the next trade after NVDA, indicating a strong bullish position on MU.
The analyst rotated their position from TSLA to MU at a specific price point and views MU as the next key trade following NVDA's strong performance.
I called $mu as the next $nvda trade back on April 20, when $mu was $448 per share. It was also the exact time I did the entire $tsla to $mu rotation.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +0.0% | +0.0% |
| 1 week | -14.0% | -15.4% |
| 1 month | -28.4% | -28.3% |
| 3 months | — | — |
| 6 months | — | — |