SanDisk has gone crazy again this time.
Earlier on the hot list people were still saying:
“Up nearly 14% in a single day.”
But in the latest round,
SNDK rose again by about 8.9% on Monday, closing at $1,786.85.
In the past five trading days, it has already gained about 35% in total.
Why is it suddenly being抢 by capital again?
the core is still two words:
AI storage.
SanDisk’s latest long-term targets are:
From 2028 to 2030, revenue will remain at high-double-digit growth,
and a large wave of demand for AI data centers is re-pricing NAND from a traditional cyclical commodity to “AI infrastructure.”
So this wave isn’t just pure emotion.
But here’s the problem too:
Good companies ≠ any price is worth chasing.
📍Right now I only watch a few levels:
1700—1725: first pullback observation area
1620—1650: strong support
Above:
1800—1820: first resistance zone
After it truly breaks out, then look at 1915—1950.
So I won’t chase near 1780.
My low-frequency playbook has only two parts:
① If the pullback to 1700—1725 does not break, then look for the second wave
② With volume, hold steady above 1820, then wait for a pullback confirmation
If it falls back below 1620 again,
We need to reassess the strength structure this time.
Heng Ge’s view
Now the biggest change for SNDK isn’t:
“It’s up another 14%.”
It’s—
The market is starting to believe that AI-driven storage demand could make the NAND industry have a bit less of the traditional cyclical pattern.
But after five days of 35% gains,
The most dangerous move is to see something trending and rush in.
Price increases attract attention; pullbacks are what give you the right entry position.
If 1700—1725 really comes back, I’ll keep watching for acceptance/continuation; if 1820 is a valid breakout, I’ll update the next target.
What do you think SNDK’s next step is?
Break above 1800 first and keep pushing higher, or pull back to 1700 first to shake things out for a round?