$SNDK
SanDisk Latest Analysis:
1. SanDisk’s early peak surged to 2373.96, which belongs to a sharp breakout行情. After that, it entered a long-term downtrend. Over the past 30 days, the decline is close to 50%, and in the past 7 days it has fallen more than 37%. The overall trend is clearly a bearish market with a sustained down move.
2. The single-day 24-hour drop reached 13.07%, accompanied by a high-volume selloff. This indicates that there is heavy selling pressure in the market and that large amounts of capital are fleeing. Although there may be a small short-term technical rebound, the medium- to long-term bearish downtrend has already taken shape.
3. Trading volume suddenly expands sharply, which is often a signal that major players withdraw in large volume. If there is no follow-through/participation from major capital to take over afterward, the probability that prices continue to probe lower remains relatively high
SanDisk Latest Analysis:
1. SanDisk’s early peak surged to 2373.96, which belongs to a sharp breakout行情. After that, it entered a long-term downtrend. Over the past 30 days, the decline is close to 50%, and in the past 7 days it has fallen more than 37%. The overall trend is clearly a bearish market with a sustained down move.
2. The single-day 24-hour drop reached 13.07%, accompanied by a high-volume selloff. This indicates that there is heavy selling pressure in the market and that large amounts of capital are fleeing. Although there may be a small short-term technical rebound, the medium- to long-term bearish downtrend has already taken shape.
3. Trading volume suddenly expands sharply, which is often a signal that major players withdraw in large volume. If there is no follow-through/participation from major capital to take over afterward, the probability that prices continue to probe lower remains relatively high
