Narratives will always try to explain prices how they deem fit. I rather look at what price says! Micron has completed what seems like the first wave up prior to earnings and rather than pop into a third wave gap up, the market looks to be offering a cheaper entry on this post earnings second wave pullback(if premarket dip carries into market open) before resuming its uptrend as a third wave of this fifth wave of a bigger third. Stay focused on the big picture!