Memory Supply Tightness Revives AI Trade: Micron Up 12%, SanDisk Up 10%
📊 MU — Piyasa Yorumu
▲ up · 60%The news indicates that tightness in memory supply is revitalizing AI-related trading, with Micron rising 12%. This serves as a positive catalyst for the semiconductor sector. Technically, the RSI is in overbought territory at 77, increasing the risk of a short-term correction. The MACD is still generating a bullish signal, and the price is well above the 20- and 50-day moving averages, confirming a strong uptrend. However, overbought conditions and a sharp 16% rally in the last 24 hours suggest that momentum may slow in the near term. Therefore, the bullish outlook is maintained with moderate confidence.
📊 WDC — Piyasa Yorumu
▲ up · 65%The news confirms the positive sentiment in the memory sector, and WDC is expected to ride this tailwind. Technical indicators support this view: RSI at 61.6 is in the buying zone, MACD is above the signal line, and the price is trading above both the 20-day and 50-day moving averages. The 2.9% rise in the last 24 hours indicates continued momentum. However, caution is warranted against excessive optimism in the sector and potential short-term profit-taking.