#SNDK 【Trending News】 Today, the storage and semiconductor sectors collectively crashed. The Philadelphia Semiconductor Index plunged sharply, and SanDisk followed the sector lower, suffering a steep intraday drop. Although the fundamentals are solid, earnings exceeded expectations, an 8-for-1 stock split is planned, and a large buyback offers support, the market is currently prioritizing multiple compression and selling high-growth stocks. Investors are fleeing in panic, and positive catalysts have temporarily lost their impact. In the short term, sentiment is completely controlled by the bears. Current price: SNDK 840 Resistance: First resistance 885, strong resistance 930 Support: First support 806, strong support 760 ✅【Bullish bias】 For the stock to stabilize and rebound, it first needs to hold above 885, while the semiconductor sector also needs to recover as a whole. Only after holding above that level will it have a chance to test 930. This would be a weak rebound; even if the price rises, it will most likely be a recovery bounce and is unlikely to return directly to its previous high. It is not suitable to chase the rally with a large position. ➡️【Range-bound】 The stock may consolidate and form a bottom in the 806–885 range. After the sharp drop, it has entered a position-turnover phase, with bulls and bears repeatedly battling it out and volatility shaking out traders. For short-term trades, quick entries and exits are appropriate; don’t hold positions for too long. ❌【Bearish bias】 A decisive break below 806 would extend the bearish trend, with the next target at 760. If the sector continues to sell off, there will be even more room to fall. This is currently the more likely scenario. Key things to watch: Keep a close eye on the Philadelphia Semiconductor Index and the moves in SK Hynix and Micron. A rebound on strong volume would signal that the decline may be ending; a low-volume bounce could easily be followed by another leg down. The stock split is a long-term event and is unlikely to reverse panic selling in the short term. Weekly Position Rule ✅ Strictly follow weekly position discipline ✅ Set your stop-loss before opening a trade; never move it lower ✅ Hold positions for no more than 7 days; close them when the time is up, regardless of profit or loss ✅ Do not add to losing positions to lower your average cost; stop trading immediately if daily losses reach the limit #行情推演压力位支撑位
🔥Hot news: SNDK is set to report earnings after the market closes tonight, and the market is closely watching NAND flash memory prices, AI data center orders, and guidance for next quarter. SK Hynix's strong results and analysts raising their price targets have boosted expectations for the memory cycle. However, Samsung's chip profits fell short of expectations, leading to mixed moves in the memory sector before the market opens. With tonight's PCE inflation data coinciding with earnings, volatility may be amplified, and gains could easily be sold off as investors cash in on positive news. #SNDK Current price around 1364 Support: 1330–1338, strong support at 1290 Resistance: 1395–1404, key resistance above at 1440 ✅ Three possible scenarios Bullish: Holds the 1330 support without a decisive break below it, and earnings guidance is positive; funds use favorable memory-cycle news to drive the price higher. First target: 1404; a breakout points to 1440. Set a stop-loss below 1290. Range-bound: Chops back and forth between 1330 and 1404 while awaiting earnings. Both bulls and bears are likely to be cautious before the news comes out, with a high chance of intraday wicks shaking traders out. Avoid taking large positions to bet on a direction. Bearish: Earnings guidance disappoints and investors exit to take profits on the positive news. If the price breaks below 1330 on heavy volume and fails to recover, look for 1290; a further breakdown points to around 1240. ✅ Key things to watch The main focus is the after-hours earnings report! Also watch sector sentiment around SK Hynix and Micron, the Nasdaq, and PCE inflation. The memory-cycle thesis provides long-term support, but “buy the rumor, sell the news” is very common around earnings, and uncertainty is extremely high. Be sure to manage position sizes. ✅ Strictly follow weekly trading rules ✅ Set your stop-loss before placing an order; never move it lower ✅ Hold positions for no more than 7 days; close them when the time is up, regardless of profit or loss ✅ Do not add to losing positions to average down; stop trading immediately if daily losses reach the limit#行情推演压力位支撑位