MU Hits Fresh 52-Week High, Eyes $500 Next
@Trend_Radar:
$Micron Technology(MU)$ $Micron Technology, Inc.(MU) Soars +8.48%: AI Memory Leader Hits New 52-Week High, Momentum Intact 🚀 Latest Close Data Closed at $487.48 on Apr 23, 2026, surging +8.48% ($38.10). This marks a new 52-week high, breaking above the previous resistance decisively. Core Market Drivers The rally is fueled by a perfect storm: soaring AI server demand and a continued DRAM price upcycle. Reports indicate a potential 30% sequential price increase for DRAM in Q2, following a massive 100% jump in Q1, directly boosting Micron's top-line prospects. Technical Analysis Volume surged to 46M shares (Vol Ratio: 1.38), confirming institutional accumulation. The RSI(6) at 81.83 signals extreme bullish momentum, nearing overbought territory. The M