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$SNDK Major news! Big shot Xingchen is bearish on SNDK! The target is 1500, with a worst-case drop to 1000! A major correction is coming after the U.S. stock market’s rally, and the storage sector will be hit first. Not only SanDisk (SNDK)—SK Hynix (SKHYNIX) is also under pressure. Once the downtrend channel opens, there’s plenty of room to fall. If your short position was opened above 1700, you can place a stop-loss at 1680. Trade with the trend—the storage sector’s downturn is coming!