$dram bought a month ago is deeply underwater.

Pre-market today it fell another 4%.
It’s already down 50% from the high point.
It feels like DRAM has already exited the bear market pattern.
After the double top formed, people keep calling for a short-term pullback.
During the selloff, every rebound fails to break above the previous high.
The profit-taking institutions that bought earlier are clearly exiting.
Only we late-momentum chasers who believe there will always be a shortage of storage/inventory are left behind.
Shivering in the cold wind!
Only after getting trapped can belief be generated.
Only when retail losses keep piling up will they stubbornly hold on.