$SKHYNIX

$MU

$SNDK

Storage is king???

Among the three major memory storage players, Hynix is the weakest in terms of rebound. If we treat this wave of decline as a whole, the current rebound level at 0.382 (around 1306) has not been broken through, and there is still some distance away!

For Micron MU, during this wave of decline, it had the smallest drop, and the rebound is also relatively strong. It has been consolidating around 0.5 (980) and there are signs of a further push upward. Watch the key level 0.618 (around 1046)!

For SanDisk SNDK, this rebound is also fairly strong. In the pre-market today, it even shot upward with a wick, nearing the 0.618 area (around 1837).

As for the trade plan: I have placed short-term sell (short) orders on Micron and SanDisk. The entry levels are: MU 1038, SNDK 1800! Since Hynix’s rebound is weaker, I don’t have plans for it for now!