Everyone thinks that $SNDK 1720 of SanDisk will pull back, but SanDisk hasn’t. What we see is that there are many short sellers, and the possibility of more people not showing their real accounts is even higher. The longer it resists, the more it increases—now it's like that.
When real pros reach their stop-loss level, they still hold on to the position—“infinite Martingale.” Calling stop-loss hangs on the mouth is just a joke. That’s just human nature. Everyone knows infinite Martingale.
As for whether SanDisk could go to 1840/1950/2100 or even make new highs again—I'm definitely not daring enough to bet big. I also don’t dare to short. There’s a difference between crypto and the US stock market. SanDisk is the US stock storage and liquidity leader. The definition of the liquidity leader is correct—Hynix and Micron have to stand aside.
When real pros reach their stop-loss level, they still hold on to the position—“infinite Martingale.” Calling stop-loss hangs on the mouth is just a joke. That’s just human nature. Everyone knows infinite Martingale.
As for whether SanDisk could go to 1840/1950/2100 or even make new highs again—I'm definitely not daring enough to bet big. I also don’t dare to short. There’s a difference between crypto and the US stock market. SanDisk is the US stock storage and liquidity leader. The definition of the liquidity leader is correct—Hynix and Micron have to stand aside.