$SNDK We’ve now reached the most critical moment.
At the 1650 level—if it holds, there’s still a chance for a counterattack; if it doesn’t hold, the entire storage sector may need to be repriced anew.
Why do I say that?
Because this round of the market rally originally started with SanDisk.
But recently, the situation has begun to change.
The “Hercules” stock was the first to break below a key support level. At the time, I still thought that adjusting a single stock wasn’t enough to change the trend of the whole sector.
But today, Micron has also started to weaken.
This shows the issue is no longer just an individual stock adjusting—it's that the entire storage sector is under pressure.
Now everyone’s eyes are on SanDisk.
1650 is the core zone where bulls and bears are battling for control.
If the price breaks below 1650 and then can’t quickly reclaim 1700 and get back above it, this pullback may not be a simple shakeout.
Market expectations for the storage sector will also change.
From a fundamentals perspective, I still believe SanDisk has no major problems.
Demand from AI data centers for storage chips continues to grow.
The company’s long-term plan has also further strengthened market confidence.
But even the best fundamentals can’t ignore short-term market sentiment.
Over this past period, the gains have been simply too large.
Profit-taking needs to be realized, and capital needs to rebalance and find equilibrium again.
On top of that, the external environment has kept applying pressure.
Geopolitical tensions are escalating, Nasdaq futures are weakening, and Treasury yields are rising—these factors are all weighing on the semiconductor sector.
So, right now, whether SanDisk can go up is not the main question.
What really matters is:
Can 1650 hold?
Can 1700 be reclaimed and regain a firm foothold?
These are the key factors that will determine the subsequent direction.
Remember this:
In a strong market, the biggest fear isn’t a pullback.
It’s when a key support level is breached—and then it can never be regained.
If 1650 is lost, the hope for a short-term counterattack may truly be very limited.#VIX恐慌指数跌至2026年低点
At the 1650 level—if it holds, there’s still a chance for a counterattack; if it doesn’t hold, the entire storage sector may need to be repriced anew.
Why do I say that?
Because this round of the market rally originally started with SanDisk.
But recently, the situation has begun to change.
The “Hercules” stock was the first to break below a key support level. At the time, I still thought that adjusting a single stock wasn’t enough to change the trend of the whole sector.
But today, Micron has also started to weaken.
This shows the issue is no longer just an individual stock adjusting—it's that the entire storage sector is under pressure.
Now everyone’s eyes are on SanDisk.
1650 is the core zone where bulls and bears are battling for control.
If the price breaks below 1650 and then can’t quickly reclaim 1700 and get back above it, this pullback may not be a simple shakeout.
Market expectations for the storage sector will also change.
From a fundamentals perspective, I still believe SanDisk has no major problems.
Demand from AI data centers for storage chips continues to grow.
The company’s long-term plan has also further strengthened market confidence.
But even the best fundamentals can’t ignore short-term market sentiment.
Over this past period, the gains have been simply too large.
Profit-taking needs to be realized, and capital needs to rebalance and find equilibrium again.
On top of that, the external environment has kept applying pressure.
Geopolitical tensions are escalating, Nasdaq futures are weakening, and Treasury yields are rising—these factors are all weighing on the semiconductor sector.
So, right now, whether SanDisk can go up is not the main question.
What really matters is:
Can 1650 hold?
Can 1700 be reclaimed and regain a firm foothold?
These are the key factors that will determine the subsequent direction.
Remember this:
In a strong market, the biggest fear isn’t a pullback.
It’s when a key support level is breached—and then it can never be regained.
If 1650 is lost, the hope for a short-term counterattack may truly be very limited.#VIX恐慌指数跌至2026年低点
