Two memory stocks are reasserting themselves as leaders by clearing key levels, says Katie Stockton

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Memory-chip stocks are reasserting themselves as technology sector leaders. Micron (MU) and Sandisk (SNDK) are both gapping higher, marking positive short-term technical catalysts. MU has decisively cleared its 50-day moving average with upside room toward its prior all-time high near $1,255. SNDK shows a similar setup, breaking above its 50-day MA and daily cloud, with potential toward its previous peak near $2,354. Both stocks demonstrate renewed relative strength versus the S&P 500, confirming a renewed leadership phase. However, follow-through into month-end will be needed to avoid longer-term momentum setbacks.

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Telemac
Telemachttp://cryptoinfo.ch
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