STX is trading at $818.43 (+4.57%) as the stock maintains its weekly uptrend amid a broader rally in the semiconductor and AI sectors.
- The price action follows a doji candle formation at Friday's close of $782.64, with the daily chart now signaling a breakout to new highs.
- Gains are supported by positive sentiment from recent Intel-Apple news and record-breaking performance in the Nasdaq and S&P 500.
- Technical analysis identifies key support at $69.9, with the stock continuing to post higher highs on the weekly timeframe.