Cramer: Memory Chips Indispensable Amid AI Demand
📊 MU — Piyasa Yorumu
▲ up · 55%The news headline emphasizes the importance of memory chips driven by AI demand, creating positive sentiment for MU. Technically, the RSI is at 54, in neutral territory, and the price is above both the SMA20 and SMA50, indicating a medium-term upward trend. However, a 5.9% decline over the last 24 hours and a negative MACD suggest short-term pressure. A potential recovery may be expected with news support, but the risk of continued decline remains. Therefore, the direction is slightly upward with moderate confidence.
📊 WDC — Piyasa Yorumu
▼ down · 60%WDC shares have fallen 13.3% in the last 24 hours, and this strong selling pressure may continue in the short term. With an RSI of 42, the stock is not yet in oversold territory, suggesting there could be more room for downside. The MACD is in negative territory and below the signal line, indicating weak momentum. The price is trading below both the 20-day and 50-day moving averages, which paints a negative technical picture. While Cramer's comments are positive for the sector, the current technical structure and sharp decline could limit any upside rebound in the near term.