Judging from the trend of $SNDK , the shorts are still pretty dangerous!!!
I’m not just trying to scare people for no reason—because it’s clearly visible on the chart. It’s rock-solid.
I think SanDisk most likely won’t drop. When SanDisk was being dumped earlier, everyone could see it too. The downtrend was obvious, and later on, every time before they dumped it, they would pull the price up with a wave. But as soon as a long upper wick appears, the market will definitely fall—proving that the high area is always selling off lots of shares, forming selling pressure. But now it’s very obvious that you can’t feel that selling pressure at all. The big holders—institutions and giant whales—are not leading with selling right now.
What the market is paying attention to now is the AI storage sector. The market is frantically buying, and the buying pressure is going crazy. That’s why, from the order book/chart, the shorts look extremely weak.
Trading advice:
For those who entered short positions in SanDisk, you can only wait for the US stock market to open. Then check whether institutions will choose to sell part of their holdings to dump/press the price. If you’re not trapped in the trade, you can take a low-leverage long position in SanDisk, with a target of 1800.
The above are just my personal thoughts and trading ideas, for reference only. If you’ve been trapped in SanDisk and want to discuss it together, welcome to join my chat group!!!
#SpaceX股价涨至140美元 #全球股票基金净流入186.2亿美元 #美国拟迫各国在美中AI阵营选边 $SPCX $SKHY
I’m not just trying to scare people for no reason—because it’s clearly visible on the chart. It’s rock-solid.
I think SanDisk most likely won’t drop. When SanDisk was being dumped earlier, everyone could see it too. The downtrend was obvious, and later on, every time before they dumped it, they would pull the price up with a wave. But as soon as a long upper wick appears, the market will definitely fall—proving that the high area is always selling off lots of shares, forming selling pressure. But now it’s very obvious that you can’t feel that selling pressure at all. The big holders—institutions and giant whales—are not leading with selling right now.
What the market is paying attention to now is the AI storage sector. The market is frantically buying, and the buying pressure is going crazy. That’s why, from the order book/chart, the shorts look extremely weak.
Trading advice:
For those who entered short positions in SanDisk, you can only wait for the US stock market to open. Then check whether institutions will choose to sell part of their holdings to dump/press the price. If you’re not trapped in the trade, you can take a low-leverage long position in SanDisk, with a target of 1800.
The above are just my personal thoughts and trading ideas, for reference only. If you’ve been trapped in SanDisk and want to discuss it together, welcome to join my chat group!!!
#SpaceX股价涨至140美元 #全球股票基金净流入186.2亿美元 #美国拟迫各国在美中AI阵营选边 $SPCX $SKHY