Reason: Memory group-wide digestion is stabilizing - MU/STX/WDC all improved off the prior 7-12% weekly declines, with STX/WDC now flat-to-positive on the week; SIMO remains the one name still trending, not just resting.

Tape-read: The "memory digesting hard" call from two reads ago is resolving. STX and WDC both flipped to positive weeks (STX +3.98% 7D vs -9.87% last read; WDC -1.72% vs -11.93%), and MU's decline shrank sharply (-2.58% 7D vs -7.48%). All three remain in a pullback regime with golden crosses intact and still sit well below their SMA20s (MU -7.0%, STX -4.5%, WDC -6.4%), so this reads as stabilization, not a fresh breakout. MU's thesisState stays intact-but-priced — the supercycle read hasn't changed. SIMO remains the outlier in the other direction: RSI 57.9, uptrend (not pullback), golden cross, +18.96% 30D — still the one name that never fell into the group-wide cooldown. SNDK, not in this file's tracked roster, had the strongest print in the wider memory summary this cycle (RSI 52.1, +157.1% above SMA200). Source: summaries/memory.json (no dedicated 2026-07-11 scan for this watchlist).

• SIMO — PROMOTE: RSI 57.9, uptrend (not pullback), golden cross, +18.96% 30D — still the one memory name trending rather than resting.
• STX — WATCH (upgraded from PASS): RSI 50.8, pullback, golden cross intact, +3.98% 7D (was -9.87%) — the sharpest weekly improvement in the basket; still -4.5% below SMA20.
• MU — WATCH: RSI 49.2, pullback, golden cross, thesisState: intact-but-priced, -2.58% 7D (much improved from -7.48%) — resting inside the supercycle, decline shrinking.
• WDC — WATCH (upgraded from PASS): RSI 50.0, pullback, -1.72% 7D (was -11.93%) — flipped from the sharpest weekly hit to roughly flat.

Lead pick: SIMO remains the only name actually trending up. The real story this read is STX/WDC's stabilization — both went from the basket's worst weekly prints to flat-to-positive, supporting the "digesting, not breaking" read on MU's supercycle thesis.