Storage remains one of the cleanest momentum plus re-rating trades in the market right now, especially with earnings catalysts ahead.
$Western Digital(WDC)$ - pushing toward ATH momentum, re-rating on supply discipline and pricing power.
$Seagate Technology PLC(STX)$ - strong trend continuation, with institutional accumulation still visible.
$SanDisk Corp.(SNDK)$ - NAND cycle expansion, plus scarcity premium building in the price action.
All three are acting as if the market is still underpricing the duration of this cycle.
With $Micron Technology(MU)$ earnings next week, volatility could expand fast across the entire storage stack.
$Western Digital(WDC)$ - upside scenario to $850.
$Seagate Technology PLC(STX)$ - extension case to $1,250.
$SanDisk Corp.(SNDK)$ - momentum continuation path to $2,400.
Not calling tops here—the tape is still rewarding strength over valuation.
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