August 8 SanDisk layout整理
1. Short-term outlook (8.8-8.10, weekend)
Outlook: The overall market will likely trade sideways and range-bound over the weekend, with weak momentum behind big gains or losses. Only trade when prices reach the target levels—don’t chase orders.
2. Short-selling trading plan (short on the short cycle)
① 5-minute intraday short
Resistance levels: 1241 / 1257 / 1274
Entry condition: After the K-line body surges upward and then falls back (a long upper wick with a drop after the spike, closing bearish). Only short once resistance is confirmed. Mere upward spikes without a confirmed pullback are not valid signals to enter.
② 15-minute swing short
Key historical strong resistance: 1325 (previously, it surged up here twice and then dropped directly—high resistance effectiveness)
Layered resistance: 1288 (first light pressure), 1325 (core heavy pressure), 1362 (extreme upper-range pressure)
3. Long trading plan (1-hour timeframe, larger cycle)
1. Large-cycle bias: The overall trend on the 1-hour chart is upward. Prefer a “buy on dips” approach.
2. Key support levels:
- 1167: The prior 0.618 Fibonacci retracement pullback low; strong support and the first buy interception level
- 1081: The bulls’ lifeline; the second interception buy zone
3. Bull-bear watershed rule:
If the 1-hour K-line body breaks below 1081, immediately abandon all long ideas and switch to shorts. After that, once 4 hours have passed, a deep selloff can begin; an extreme target may look toward 696.
4. Conditions to judge a trend-reversal bottom
If both conditions are met, a large-cycle bottom may form and the trend may shift from falling to rising:
1. Two consecutive attempts to test lows, yet neither breaks the previous low (a double-bottom structure);
2. Price breaks above the previous high.
III. Practical key reminders
⚠️ Risk warning: The above is only technical level analysis and does not constitute any investment or trading advice. Financial markets are subject to very high volatility—manage your position size and stop-losses yourself.
1. In a ranging market, only do “level-based interceptions,” not buy-high/sell-low chasing;
2. There is a clear bull-bear division at 1081. If it breaks, the trading direction switches immediately;
3. Shorting on the short cycles (5/15 minutes) is against the 1-hour larger trend—your position size must be light, and you must strictly use stop-loss orders;
4. A bottom reversal needs confirmation of a double-bottom plus a breakout above the high; a single signal alone is not enough to confirm a reversal.
SanDisk volatility is a bit bigger—set a 7 to 15 point stop, and do it as the market comes. If you can’t bear to cut losses, just ignore it directly. Thank you.
Every day, live stream from 8:30 AM to 5:30 PM. Everyone is welcome—lock in and tune in: aim where it points, hit where it lands. Live room
1. Short-term outlook (8.8-8.10, weekend)
Outlook: The overall market will likely trade sideways and range-bound over the weekend, with weak momentum behind big gains or losses. Only trade when prices reach the target levels—don’t chase orders.
2. Short-selling trading plan (short on the short cycle)
① 5-minute intraday short
Resistance levels: 1241 / 1257 / 1274
Entry condition: After the K-line body surges upward and then falls back (a long upper wick with a drop after the spike, closing bearish). Only short once resistance is confirmed. Mere upward spikes without a confirmed pullback are not valid signals to enter.
② 15-minute swing short
Key historical strong resistance: 1325 (previously, it surged up here twice and then dropped directly—high resistance effectiveness)
Layered resistance: 1288 (first light pressure), 1325 (core heavy pressure), 1362 (extreme upper-range pressure)
3. Long trading plan (1-hour timeframe, larger cycle)
1. Large-cycle bias: The overall trend on the 1-hour chart is upward. Prefer a “buy on dips” approach.
2. Key support levels:
- 1167: The prior 0.618 Fibonacci retracement pullback low; strong support and the first buy interception level
- 1081: The bulls’ lifeline; the second interception buy zone
3. Bull-bear watershed rule:
If the 1-hour K-line body breaks below 1081, immediately abandon all long ideas and switch to shorts. After that, once 4 hours have passed, a deep selloff can begin; an extreme target may look toward 696.
4. Conditions to judge a trend-reversal bottom
If both conditions are met, a large-cycle bottom may form and the trend may shift from falling to rising:
1. Two consecutive attempts to test lows, yet neither breaks the previous low (a double-bottom structure);
2. Price breaks above the previous high.
III. Practical key reminders
⚠️ Risk warning: The above is only technical level analysis and does not constitute any investment or trading advice. Financial markets are subject to very high volatility—manage your position size and stop-losses yourself.
1. In a ranging market, only do “level-based interceptions,” not buy-high/sell-low chasing;
2. There is a clear bull-bear division at 1081. If it breaks, the trading direction switches immediately;
3. Shorting on the short cycles (5/15 minutes) is against the 1-hour larger trend—your position size must be light, and you must strictly use stop-loss orders;
4. A bottom reversal needs confirmation of a double-bottom plus a breakout above the high; a single signal alone is not enough to confirm a reversal.
SanDisk volatility is a bit bigger—set a 7 to 15 point stop, and do it as the market comes. If you can’t bear to cut losses, just ignore it directly. Thank you.
Every day, live stream from 8:30 AM to 5:30 PM. Everyone is welcome—lock in and tune in: aim where it points, hit where it lands. Live room