Memory & Storage Candidates

Update

Memory & Storage Candidates

Memory & Storage Candidates — April 10, 2026

Overview

Memory sector continues monster run. STX $501.70, RSI 68.9, +8.5% 7D, +30.8% 30D — strong-up golden cross, +84.3% vs SMA200, near 52wk high (-3.0%). WDC $344.40, RSI 66.3, +9.3% 7D, +29.4% 30D — strong-up golden cross, +106.7% vs SMA200, near 52wk high (-1.0%). MU $415.26, RSI 55.9, +11.6% 7D, strong-up golden cross, +66.2% vs SMA200. All three names are in strong-up with golden crosses. The AI HBM supercycle is fully priced across the sector.

Candidates

Ticker Price RSI Trend 7D 30D Signal Take
WDC $344.40 66.3 strong-up +9.3% +29.4% GC Western Digital. +15.2% vs SMA20. +106.7% vs SMA200. Near 52wk high (-1.0%).
STX $501.70 68.9 strong-up +8.5% +30.8% GC Seagate. +18.3% vs SMA20. +84.3% vs SMA200. Near 52wk high (-3.0%).
MU $415.26 55.9 strong-up +11.6% +3.1% GC Micron. +4.6% vs SMA20. +66.2% vs SMA200. Golden cross. Healthiest RSI.

Action Items

  • MU: Best entry setup — RSI 56 is not stretched. Strong-up + golden cross + +66.2% vs SMA200. The HBM thesis play. Entry on SMA20 pullback ($397).
  • STX: RSI 69 approaching overbought. +84.3% vs SMA200. Do NOT chase. Hold if long with trailing stops.
  • WDC: RSI 66 with +106.7% vs SMA200. Near 52wk high. Hold with trailing stops. Don't initiate.
  • Memory thesis: All three names strong-up with golden crosses and massive vs SMA200 cushions. The AI HBM demand cycle is the strongest sector theme in the market right now.

Key Changes vs 04/03

Ticker Price 04/03 Price 04/10 Move Note
MU $366.24 $415.26 +13.4% RSI 45 -> 56. Flipped from weak-down to strong-up. Big recovery.
STX $429.36 $501.70 +16.8% RSI 57 -> 69. Parabolic extending. Near 52wk high.
WDC $294.97 $344.40 +16.8% RSI 55 -> 66. Near 52wk high. +106.7% vs SMA200.
10 events

No direct external sources are attached to this read.