#存储 After this pullback, it’s actually not that complicated.
Earlier, the storage sector rose too fast. The market had already priced in many good pieces of news in advance, so at high levels, some people naturally choose to take profits.
After pushing higher during the session, it couldn’t hold for long. That suggests the funds started to become cautious. After that, if the buying support weakens even slightly, the price can easily trend downward in a follow-through move.
I followed this rhythm and went short accordingly, and the subsequent price action cooperated pretty well—there weren’t any major, unexpected reversals.
Macro news can certainly influence sentiment. But whether the market can continue rising ultimately depends on whether real buyers are willing to step in.
Now sentiment has cooled down. What’s more worth watching next is whether new capital is coming back to the lower levels $DRAM $SKHYNIX
Earlier, the storage sector rose too fast. The market had already priced in many good pieces of news in advance, so at high levels, some people naturally choose to take profits.
After pushing higher during the session, it couldn’t hold for long. That suggests the funds started to become cautious. After that, if the buying support weakens even slightly, the price can easily trend downward in a follow-through move.
I followed this rhythm and went short accordingly, and the subsequent price action cooperated pretty well—there weren’t any major, unexpected reversals.
Macro news can certainly influence sentiment. But whether the market can continue rising ultimately depends on whether real buyers are willing to step in.
Now sentiment has cooled down. What’s more worth watching next is whether new capital is coming back to the lower levels $DRAM $SKHYNIX
