$DRAM fell more than 16% in a week and sits on the floor of a three-month box. I lean long, but not at this price: reward-to-risk from here is only about 1.2. I'm waiting for a limit fill on a brief dip under that floor. The selloff came on worries that a Chinese memory maker is catching up. The low being tested is the late-July flush, which recovered over 16% the next day. - Location: bottom of a range held since mid-July. - Fill odds: my zone is about 1x the 4h ATR below, inside a normal daily range. - The 1h already shows a double bottom with bullish divergence. Three separate reads land on one narrow zone. Elliott: the drop from the early-October high is a five-wave impulse, now in wave 5. Its projections bracket the July low, where I expect a three-leg rebound toward the wave-4 high. I'm wrong if price breaks below both the July low and the full wave-5 projection. Then wave 3 is still extending and the floor is gone. Risks: trends and moving averages are all down, and the technical views split two to two. SK hynix earnings and the Fed land Oct 27-28. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.