People who were still shouting that SNDK is going to collapse earlier—this rebound has already made the shorts quiet.
After $SNDK stabilized around 1200, it kept bouncing back and even rose above 1320. The downtrend line formed by the earlier decline has also been broken through again. In the short term, the structure has shifted from weak selling to rebound repair.
I added to my position around 1215. My initial target was to watch 1320. Now the first target has already been achieved, which suggests there is indeed support below. The main force didn’t keep pushing the price down; instead, it took advantage of panic to complete a round of share/position swapping.
The real question now isn’t whether it can still rise, but whether the supply/selling pressure in the 1320–1350 zone can be absorbed. There are plenty of trapped shares and short-term profit-taking orders there. When the price rallies into that area and starts to slow down, that’s completely normal.
Next, focus on volume and momentum. If it can rise with strong volume and hold above 1350, it would indicate the main force is willing to push higher. Then the rebound has a chance to open up toward around 1400. If it’s even stronger, we can then look at the higher resistance ahead.
But if the rally doesn’t continue with rising volume—especially if it repeatedly spikes and then pulls back while above 1320—it suggests the funds are mostly probing. The overhead supply hasn’t been fully cleaned out yet, so the short term could easily pull back first toward around 1300.
Support to watch: first 1300. Below that, look at 1270–1280. As long as these two zones aren’t broken down with a surge in volume, this rebound structure should remain intact. Only if it falls back below 1250 would we need to defend again.
SNDK’s latest financial report shows revenue and profits both exceeding expectations. Data center revenue has doubled quarter-over-quarter. The logic behind rising prices for AI storage and NAND is still there. The August 13 investor day is the next catalyst. In the short term, there are both expectations and selling pressure. Don’t chase just because it’s rising—wait until the main force has chewed through this hard resistance at 1350 before talking further.
$KORU $SOXL #韩股KOSPI涨近5%启动买方侧车
After $SNDK stabilized around 1200, it kept bouncing back and even rose above 1320. The downtrend line formed by the earlier decline has also been broken through again. In the short term, the structure has shifted from weak selling to rebound repair.
I added to my position around 1215. My initial target was to watch 1320. Now the first target has already been achieved, which suggests there is indeed support below. The main force didn’t keep pushing the price down; instead, it took advantage of panic to complete a round of share/position swapping.
The real question now isn’t whether it can still rise, but whether the supply/selling pressure in the 1320–1350 zone can be absorbed. There are plenty of trapped shares and short-term profit-taking orders there. When the price rallies into that area and starts to slow down, that’s completely normal.
Next, focus on volume and momentum. If it can rise with strong volume and hold above 1350, it would indicate the main force is willing to push higher. Then the rebound has a chance to open up toward around 1400. If it’s even stronger, we can then look at the higher resistance ahead.
But if the rally doesn’t continue with rising volume—especially if it repeatedly spikes and then pulls back while above 1320—it suggests the funds are mostly probing. The overhead supply hasn’t been fully cleaned out yet, so the short term could easily pull back first toward around 1300.
Support to watch: first 1300. Below that, look at 1270–1280. As long as these two zones aren’t broken down with a surge in volume, this rebound structure should remain intact. Only if it falls back below 1250 would we need to defend again.
SNDK’s latest financial report shows revenue and profits both exceeding expectations. Data center revenue has doubled quarter-over-quarter. The logic behind rising prices for AI storage and NAND is still there. The August 13 investor day is the next catalyst. In the short term, there are both expectations and selling pressure. Don’t chase just because it’s rising—wait until the main force has chewed through this hard resistance at 1350 before talking further.
$KORU $SOXL #韩股KOSPI涨近5%启动买方侧车