$SNDK and $SKHYNIX , what’s the outlook for today?
Beichen is still bullish, for a very simple reason: the earnings reports coming out this week look promising. Yesterday, we told everyone to go long near 1240 on SanDisk and near 960 on SK hynix, and caught a nice move up.
Today, you can continue going long before the earnings reports come out. Demand for AI storage is still strong, and the market is also pricing in expected earnings growth. Before the reports are released, as long as money continues flowing in and the share prices remain strong, there’s a chance the expected-momentum rally will continue. SK hynix reports earnings on October 28, and SanDisk on October 29. These two days will be an important test of market sentiment.
Trading plan: go long SanDisk directly near the current price of 1270, and enter SK hynix directly near 1020. Add to your positions on pullbacks, and take profits after doubling your investment!
#Strategy未购比特币斥资2.05亿美元回购STRC #BitMine增持10452枚ETH
Beichen is still bullish, for a very simple reason: the earnings reports coming out this week look promising. Yesterday, we told everyone to go long near 1240 on SanDisk and near 960 on SK hynix, and caught a nice move up.
Today, you can continue going long before the earnings reports come out. Demand for AI storage is still strong, and the market is also pricing in expected earnings growth. Before the reports are released, as long as money continues flowing in and the share prices remain strong, there’s a chance the expected-momentum rally will continue. SK hynix reports earnings on October 28, and SanDisk on October 29. These two days will be an important test of market sentiment.
Trading plan: go long SanDisk directly near the current price of 1270, and enter SK hynix directly near 1020. Add to your positions on pullbacks, and take profits after doubling your investment!
#Strategy未购比特币斥资2.05亿美元回购STRC #BitMine增持10452枚ETH
