#闪迪 #存储 #西部数据
After exiting the storage sector in July, I basically stopped participating in the hype around storage stocks.
Sandisk’s channel decline has once again turned into a downward-moving triangle continuation pattern.
Western Digital needs no further explanation—it’s in a steady downtrend.
For the past two months, I’ve been emphasizing on my livestreams that storage stocks are unlikely to repeat last year’s explosive 30-fold rise or the 2-to-3-fold gains in a single month. Compared with Bitcoin and other U.S. stocks, the risk-reward of trading them is getting worse. Those who were paying attention should have taken that to heart.
On a larger scale, financial markets move in cycles—bull and bear markets. Stocks also have their own cycles on a smaller scale. Sandisk and Western Digital are no longer in a bull-market cycle. Whether you’re buying stocks or crypto, we all know to buy the leaders. But the K-line patterns of the third-, fourth-, and even fifth-largest players in the storage sector are telling us that money has already started to flow out. This is not a good sign for the storage sector. We need to watch closely to see whether this trend spreads to #Micron and #SKHynix.
After exiting the storage sector in July, I basically stopped participating in the hype around storage stocks.
Sandisk’s channel decline has once again turned into a downward-moving triangle continuation pattern.
Western Digital needs no further explanation—it’s in a steady downtrend.
For the past two months, I’ve been emphasizing on my livestreams that storage stocks are unlikely to repeat last year’s explosive 30-fold rise or the 2-to-3-fold gains in a single month. Compared with Bitcoin and other U.S. stocks, the risk-reward of trading them is getting worse. Those who were paying attention should have taken that to heart.
On a larger scale, financial markets move in cycles—bull and bear markets. Stocks also have their own cycles on a smaller scale. Sandisk and Western Digital are no longer in a bull-market cycle. Whether you’re buying stocks or crypto, we all know to buy the leaders. But the K-line patterns of the third-, fourth-, and even fifth-largest players in the storage sector are telling us that money has already started to flow out. This is not a good sign for the storage sector. We need to watch closely to see whether this trend spreads to #Micron and #SKHynix.