Chinese memory maker CXMT reports strong sales growth in first post-IPO results
📊 JST — Piyasa Yorumu
▼ down · 55%JST is showing a weak trend, down 2.3% in the last 24 hours, with the RSI at 41 indicating sustained selling pressure. The MACD is in negative territory, but its approach to the signal line may suggest that downside momentum is slowing. The price is attempting to hold just above the SMA20, but remaining below the SMA50 weakens the medium-term outlook. Although the news focuses on strong sales by Chinese memory maker CXMT, drawing a direct connection to JST is difficult, so the impact may be limited. In the short term, technical indicators suggest that downside risks persist, but consolidation is more likely than a sharp decline.
📊 MU — Piyasa Yorumu
▼ down · 55%CXMT's robust sales growth could indicate intensifying competition in the memory sector, which may be perceived as negative news for MU. On the technical indicators, the MACD is in negative territory and below the signal line, suggesting weak short-term momentum. The RSI is at a neutral level around 50, while the price sits just above the SMA20 but below the SMA50, presenting a mixed outlook. In light of the news, downward pressure may emerge in the short term, but it might be premature to expect a strong decline.