Damn, $SNDK —this drop is already this bad. Even at 1080, people are still rushing in. That means the truly bullish capital has started moving.
That previous round of heavy selling already crushed short-term sentiment to a very low point. But once the price reached 1080—1100, it didn’t continue to pour straight down. The candlesticks started alternating green and red, which suggests the selling pressure is weakening, and there is definitely support coming in from below.
Also, this pullback is more about cooling off the high end of the sector. The long-term logic for AI storage demand hasn’t been broken. The deeper it fell, the more valuation and shareholding pressure got released. That actually makes the upside rebound from lower levels easier to push out.
Next, watch whether 1080—1100 can hold. As long as this area doesn’t break, SNDK still has a chance to keep testing 1130—1150. If it can stand above 1130 with volume, the strength of the short-term rebound will keep expanding.
But leveraged products swing wildly. Low-level support doesn’t mean you can blindly charge. If 1080 is truly broken, it means this bottoming process hasn’t stabilized yet, and you must promptly reduce positions.
The shorts have already driven it down this far. If they want to keep killing it, they’ll first have to punch through 1080. If they can’t, the rebound could hit hard at any time.
$MU $SKHYNIX
#韩国股市因三星财报反弹 #美国30年期国债收益率升至近5.23%
That previous round of heavy selling already crushed short-term sentiment to a very low point. But once the price reached 1080—1100, it didn’t continue to pour straight down. The candlesticks started alternating green and red, which suggests the selling pressure is weakening, and there is definitely support coming in from below.
Also, this pullback is more about cooling off the high end of the sector. The long-term logic for AI storage demand hasn’t been broken. The deeper it fell, the more valuation and shareholding pressure got released. That actually makes the upside rebound from lower levels easier to push out.
Next, watch whether 1080—1100 can hold. As long as this area doesn’t break, SNDK still has a chance to keep testing 1130—1150. If it can stand above 1130 with volume, the strength of the short-term rebound will keep expanding.
But leveraged products swing wildly. Low-level support doesn’t mean you can blindly charge. If 1080 is truly broken, it means this bottoming process hasn’t stabilized yet, and you must promptly reduce positions.
The shorts have already driven it down this far. If they want to keep killing it, they’ll first have to punch through 1080. If they can’t, the rebound could hit hard at any time.
$MU $SKHYNIX
#韩国股市因三星财报反弹 #美国30年期国债收益率升至近5.23%