Memory & Storage Candidates
Update
Memory & Storage Candidates
Memory & Storage Candidates — April 3, 2026
Overview
Memory sector roaring back. STX surging — RSI 57.4, +13.3% 7D, +20.3% 30D, +8.3% above SMA20, strong-up with golden cross. The +63% vs SMA200 signals a monster run. WDC also strong: RSI 54.8, +7.3% 7D, +17.8% 30D, +4.5% above SMA20, strong-up golden cross. +84.5% vs SMA200. MU lagging the trio: RSI 44.5, +1.4% 7D, -7.6% below SMA20, weak-down — but +50.8% vs SMA200 provides massive structural cushion. The AI HBM thesis is intact across the board.
Candidates
| Ticker | Price | RSI | Trend | 7D | 30D | Signal | Take |
|---|---|---|---|---|---|---|---|
| STX | $429.36 | 57.4 | strong-up | +13.3% | +20.3% | GC | Seagate monster. +8.3% above SMA20. +63% vs SMA200. Golden cross. |
| WDC | $294.97 | 54.8 | strong-up | +7.3% | +17.8% | GC | Western Digital. +4.5% above SMA20. +84.5% vs SMA200. Monster run. |
| MU | $366.24 | 44.5 | weak-down | +1.4% | -3.5% | GC | Micron lagging. -7.6% below SMA20. Golden cross. +50.8% vs SMA200. |
Action Items
- STX: Monster run +13.3% 7D. Strong-up + golden cross + +63% vs SMA200. Hold if long. Don't chase at RSI 57 — wait for pullback to SMA20 ($396) for entry.
- WDC: +84.5% vs SMA200 is the highest in the memory group. Strong-up intact. RSI 55 is healthy. Hold.
- MU: Lagging at RSI 44.5 and -7.6% below SMA20. The +50.8% vs SMA200 says the long-term trend is fine. The AI HBM thesis is intact — this is the dip-buy candidate in the group. Watch for SMA20 reclaim.
Key Changes vs 03/31
| Ticker | Price 03/31 | Price 04/03 | Move | Note |
|---|---|---|---|---|
| STX | $380.67 | $429.36 | +12.8% | RSI 47.5 -> 57.4. Flipped from weak-down to strong-up. Monster reversal. |
| WDC | $265.60 | $294.97 | +11.1% | RSI 46.6 -> 54.8. Also flipped to strong-up. +17.8% 30D. |
| MU | $326.80 | $366.24 | +12.1% | RSI 33.6 -> 44.5. Recovered from extreme. Still weak-down but much better. |
Related
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