Did MU Earnings Save The AI Trade? PCE Inflation Data Report, Key Trades

Summarize the following YouTube trading video transcript. Extract:
- Stock tickers mentioned and any price levels (support, resistance, targets, stop-losses) associated with each
- Key trading strategy
- Indicators used
- Entry/exit rules and suggested trades
- Timeframes mentioned
- Risk management tips
Format the summary in clear bullet points.

Transcript:
{transcript}

Here is a summary of the YouTube trading video transcript in clear bullet points: **Stock Tickers and Price Levels:** * Micron (MU): 1240 level (support), recent highs * SK Hynix (no ticker mentioned): $29 billion deal with retail investors, July 10th listing * Qualcomm (QCOM): no specific price levels mentioned * Nvidia (NVDA): weak trend line, tiny bounce * Broadcom (AVGO): nasty move up, beautiful trend line **Key Trading Strategy:** * Focus on technical analysis and chart patterns * Look for lower highs and gaps in the market * Identify key support and resistance levels * Use indicators to confirm trading decisions **Indicators Used:** * None explicitly mentioned, but implied use of chart patterns and trend lines **Entry/Exit Rules and Suggested Trades:** * No specific entry or exit rules provided, but general advice to be cautious of AI stocks and wait for confirmation of lower highs * Consider long positions on Micron (MU) if it breaks out above recent highs * Be wary of Nvidia (NVDA) due to its weak trend line **Timeframes Mentioned:** * 10-year yield gap fill at $67-ish * PCE data release at 8:30 a.m. * Nikkei and Kospi market data last night **Risk Management Tips:** * Be cautious of inflation expectations and their impact on interest rates * Monitor oil prices and their effect on inflation expectations * Use stop-losses to limit potential losses * Diversify portfolio to minimize risk