$SNDK One night and wiped out 266 bucks! For the brothers who chased 1280 longs— the Great Sage only says one thing: Go check it out!
After waking up, you find your account is missing a car. That doesn’t feel good, does it?
This morning, SanDisk released its earnings report: revenue hit 8.97 billion, up 372%. It looks impressive, but the next-quarter guidance didn’t meet Wall Street expectations. Western Digital and SK Hynix followed with sharp drops—so the entire memory sector basically knelt.
Your 1280 long was directly hammered down to 1220, and you lost 266 USD. Of course it hurts.
Take a look at how the smart money is playing it now—longs’ average price is 1269 and they’re collectively down 2.1 million, with only 19% of traders in profit. Shorts’ average price is 1330 and they’re up 9.07 million—84% are counting money. Even though the long/short ratio is 63% and longs still hold the majority, the money is all being earned by the shorts. So what are you still stubbornly holding for?
The technicals are even more frightening: the 1-hour RSI has fallen to 15—oversold, sure—but the daily chart has crashed from 2373 to 1232, down more than 40%. 1220 is the last “cover.” Once it breaks, the next levels are 1150 and even 1000.
Now don’t panic-cut at random, and don’t wait for miracles either! Everyone’s position size is different. The Great Sage previously helped a fan who lost 440,000 USD on SanDisk get back to even. You can use tactics like locking the position or averaging in to manage the drawdown, do T!
If 1220 can’t hold, it’ll be too late—hurry up and find the Great Sage. Don’t wait until you’re liquidated and then come cry! 👉 Leave a comment, and I’ll save you right away! #中国对美企实施最广泛贸易反制
After waking up, you find your account is missing a car. That doesn’t feel good, does it?
This morning, SanDisk released its earnings report: revenue hit 8.97 billion, up 372%. It looks impressive, but the next-quarter guidance didn’t meet Wall Street expectations. Western Digital and SK Hynix followed with sharp drops—so the entire memory sector basically knelt.
Your 1280 long was directly hammered down to 1220, and you lost 266 USD. Of course it hurts.
Take a look at how the smart money is playing it now—longs’ average price is 1269 and they’re collectively down 2.1 million, with only 19% of traders in profit. Shorts’ average price is 1330 and they’re up 9.07 million—84% are counting money. Even though the long/short ratio is 63% and longs still hold the majority, the money is all being earned by the shorts. So what are you still stubbornly holding for?
The technicals are even more frightening: the 1-hour RSI has fallen to 15—oversold, sure—but the daily chart has crashed from 2373 to 1232, down more than 40%. 1220 is the last “cover.” Once it breaks, the next levels are 1150 and even 1000.
Now don’t panic-cut at random, and don’t wait for miracles either! Everyone’s position size is different. The Great Sage previously helped a fan who lost 440,000 USD on SanDisk get back to even. You can use tactics like locking the position or averaging in to manage the drawdown, do T!
If 1220 can’t hold, it’ll be too late—hurry up and find the Great Sage. Don’t wait until you’re liquidated and then come cry! 👉 Leave a comment, and I’ll save you right away! #中国对美企实施最广泛贸易反制