After the US stock market opens, how will $SNDK likely move? Attention holders of SNDK!

If SanDisk’s parent stock opens higher or strengthens after the open (stimulated by news such as AI storage and NAND demand), SNDK will most likely quickly test 1650-1660, and may even attempt to break toward 1680. Tokenized products often see amplified volatility in the early opening period.

If the parent stock opens flat or lower, SNDK may first pull back to 1610-1620. After it stabilizes in the support zone, you can then decide the next direction. The MACD has formed a death cross, so there is short-term selling pressure.

In my personal view, it’s slightly bullish-to-neutral in the short term, but the upside is limited. The rebound structure remains intact, moving-average support is effective, and the US market’s open will most likely bring a decisive directional move.

For fans who already hold long positions: move your stop-loss up to 1605-1610. Targets are 1650-1660; when it reaches there, consider reducing positions.

For those with no position: wait for the market to open, then look for a pullback to 1610-1620 that stabilizes before taking a small entry on the long side. Set a stop-loss below 1595. If there’s an aggressive breakout above 1650 on increased volume right at the open, you can chase with a small position; set a stop-loss at 1635.
#HYPE涨超11% #香港拟年底前推出批发CBDC
I’ll continue watching the market closely. The key levels and entry/exit strategies will be synced to the chat room right away afterward. You can come to Niu Ge’s official chat room to take a look.