Apple Suppliers Decline on Memory Cost Concerns

The news indicates that Apple's suppliers are experiencing problems related to memory costs, which could put pressure on the company's profit margins. Technical indicators also point to weakness: the price has fallen 5.8% in the last 24 hours, the RSI at 42.6 is approaching the sell zone, and the MACD is negative and below the signal line. The price has dropped below the 20-day SMA (283.62) and is well behind the 50-day SMA (292.27). In the short term, the downtrend is likely to continue, but since the asset has not entered oversold territory, buying on dips may remain limited.

ASML could be negatively impacted by memory cost pressures in the Apple supply chain. Technically, the RSI at 47 is in neutral territory, but the MACD line is below the signal line and negative, indicating short-term weakness. Although the price is just above the 20-day moving average, it remains below the 50-day moving average. Considering both the news flow and technical indicators, a bearish bias prevails over the next 1-3 days.

Although MU shares rose 6.4% in the last session, the RSI at 47 remains neutral and the price is still below the 20-day moving average. The MACD is below the signal line, indicating weak short-term momentum. News headlines note that Apple suppliers are declining due to memory costs, suggesting that one of MU's key customers is under cost pressure. Therefore, a bearish trend can be expected in the short term.