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MU 1D | Earnings-day shakeout, reversal close, awaiting follow-through (chart attached)

📌 Structure

First Wave: eyeballed from 9/14 (script breakout shows 9/21–9/22, so it is marked as an eyeball call)

Pullback: 9/23–9/30, 6 US trading days (from 9/23)

Reclaim: 10/1 script RC. Closed at 1097.39 (+3.03%), back above the 10MA (about 1067)

📰 10/1 earnings day

FQ4 revenue of $54.23B and non-GAAP EPS of $33.42 both beat expectations, and FQ1-27 revenue guidance is $61.5B (beat-and-raise). Sold the news after the open, hit an intraday low of 1022.90 (under the 9/28 low of 1032) near the 20MA, then reversed and closed back up.

✅ Supporting

• 6-day pullback on light volume, about 0.62–0.69x the 50-day average.

• RC-day volume 45.74M, about 1.45x the 50-day average, a clear expansion.

• Intraday break, reversal close and expanding volume together are good supporting evidence.

⚠️ Not supporting / weak points

• The close is still below the 9/25 high, so not a confirmed breakout.

• The First Wave start is an eyeball call.

• Invalidation is the 10/1 shakeout low at 1022.90, about 6.8% below the close.

🧠 One lesson

Judge a shakeout by the close and the volume, not an intraday poke. A reversal still needs follow-through, so do not treat it as confirmed.

👀 What to watch next

A close above the 9/25 high confirms it. A close below 1022.90 invalidates the reversal. Follow-up reviews will be added to this same post.

Educational only. Not financial advice. No outcome is guaranteed.

SNDK 1D | Example library: Pullback Reclaim with low RC-day volume (chart attached)

📌 Structure

First Wave: 9/18–9/22 (script-defined, not eyeballed)

Pullback: 9/23–9/30, 6 US trading days (counted from 9/23)

Reclaim: 10/1 script RC. Closed at 1787.69 as a bullish candle above the prior close, back above the 10MA (about 1776)

✅ Supporting

• The 6-day pullback was on light volume, about 0.45–0.59x the 50-day average volume, so selling pressure after the First Wave was small.

⚠️ Not supporting / weak points

• RC-day volume was only about 0.70x the 50-day average. Volume did not confirm, so the odds are lower.

• Invalidation is the 9/28 low at 1659.02, about 7.2% below the 10/1 close, just over 7%. That is a wide distance, so the risk needs to be measured carefully.

🧠 One lesson

A complete structure is only step one. Check whether volume confirms. Low volume does not mean failure, but the odds are lower and you should record that honestly.

👀 What to watch next

Does it follow through after the RC: can it hold the 10MA and the 9/28 low at 1659.02? A close below 1659.02 breaks the structure. Follow-up reviews will be added to this same post.

Educational only. Not financial advice. No outcome is guaranteed.