Memory/Semis

Update

Memory/Semis

AVGO $341.50 (RSI 55, golden cross). ASML $1,387.50 (RSI 49, golden cross). TSM $353.75 (RSI 50, golden cross). MU $418.62 (RSI 56, golden cross).


Quick Snapshot

Signal Reading
Overall 🟢 HEALTHY — All four names have golden crosses and strong-up trends. RSI 49-56 range — healthy mid-range, not overextended. MU +62.0% 3M leads. AVGO stabilized after last week's bounce.
Key insight All four memory/semi names have golden crosses — this is the strongest structural setup in any theme. MU $418.62 RSI 56, +62% 3M — memory upcycle confirmed. AVGO $341.50 RSI 55 holding above SMA. TSM/ASML consolidating.

Action Matrix

Action Stocks Why
📈 ACCUMULATE AVGO $341.50, RSI 55, golden cross — AI networking/ASIC leader
📈 ACCUMULATE ASML $1,387.50, RSI 49, golden cross — litho monopoly
📈 ACCUMULATE TSM $353.75, RSI 50, golden cross — AI foundry leader
🔒 HOLD MU $418.62, RSI 56, golden cross — memory upcycle confirmed

Data (Validated 2026-03-11)

Stock Price 7D 30D 52wkHi RSI SMA20 vs SMA Status Action
ASML $1,387.50 -0.6% -3.4% 49 $1,423.19 -2.5% 🟢 Golden cross, consolidating 📈 Accumulate
TSM $353.75 -3.7% -5.4% 50 $364.14 -2.9% 🟢 Golden cross, below SMA20 📈 Accumulate
AVGO $341.50 +6.4% -0.4% 55 $330.22 +3.4% 🟢 Golden cross, above SMA 📈 Accumulate
MU $418.62 +0.4% +2.0% 56 $408.48 +2.5% 🟢 Golden cross, strong 🔒 Hold

Key Changes vs 03/10

Stock 03/10 Price 03/11 Price Move Note
AVGO $345.75 $341.50 -1.2% Mild giveback from +10.2% bounce — RSI 55 healthy
ASML $1,357.42 $1,387.50 +2.2% Recovering — RSI 49, golden cross intact
TSM $348.70 $353.75 +1.4% Slight recovery — RSI 50, golden cross intact
MU $411.66 (stale) $418.62 +1.7% Fresh data: RSI 56, golden cross, +62% 3M — strong

Key Discoveries

Discovery Implication
All 4 memory/semi names have golden crosses Strongest structural setup in any candidate theme
MU $418.62, +62.0% 3M — memory upcycle confirmed Fresh data validates the thesis — MU leading the semis
AVGO RSI 55 holding after +10.2% bounce last week RSI 29 entry validated — gains being held

Mistakes (Don't Repeat)

Mistake Lesson
MU stale for 4+ weeks — missed the +62% run Key positions need regular data refreshes

Open Questions

  • All 4 golden crosses — does this sector lead the market up?
  • AVGO $341 — is the AI networking premium sustainable?
  • TSM RSI 50 — is AI foundry demand slowing or just consolidating?
  • MU +62% 3M — is memory upcycle peaking or more upside?
10 events

No direct external sources are attached to this read.