$STX Up 5.63% – AI Storage Demand Is Real!"
$STXUSDT is up 5.63% today to $973.70, with a high of $990.39. Seagate is riding the AI wave, and the numbers don't lie.
The bull case: Seagate's high-capacity drives are sold out for 2026, and hyperscalers are already contracting into 2027 and 2028. Evansbrook just added an $892,000 position in STX. The average price target is $1,141 – 30% upside from current levels.
My Analysis:
· Support: $920 (today's low)
· Resistance: $990 (today's high) – if it breaks, $1,000 is next
· MA5: $968.78, MA10: $970.51, MA30: $959.24
My Take: Seagate is a long-te