$SNDK Suddenly rebounds, luring buyers?
#美国存储股延续跌势
When SanDisk fell to around 1570, the market was still worried it might break down further. In the blink of an eye, the price already pulled back above 1640.
This rebound came quickly, suggesting that selling pressure near the trendline has started to weaken, and some capital is willing to step in and reclaim shares amid the panic.
The first rally after a sharp selloff proves more that the short-term decline can’t go any lower—it still can’t directly confirm that the uptrend has fully recovered.
Above 1640–1660 is the first confirmation zone. If it can trade with volume and hold steady there, the rebound may then have a chance to push further toward 1680–1700.
1700 was an important support that was previously broken. It has now turned into resistance; only if price reclaims it can the market’s focus truly shift upward.
After rebounding to around 1700, it quickly fell back again, indicating that trapped positions at higher levels are still being liquidated. Price may continue to trade around 1600 to complete turnover.
What’s most important now is not to chase this single rebound candle, but to see whether the following pullback can be held. Holding firm matters more than bouncing fast. $MU $SKHYNIX
#美国存储股延续跌势
When SanDisk fell to around 1570, the market was still worried it might break down further. In the blink of an eye, the price already pulled back above 1640.
This rebound came quickly, suggesting that selling pressure near the trendline has started to weaken, and some capital is willing to step in and reclaim shares amid the panic.
The first rally after a sharp selloff proves more that the short-term decline can’t go any lower—it still can’t directly confirm that the uptrend has fully recovered.
Above 1640–1660 is the first confirmation zone. If it can trade with volume and hold steady there, the rebound may then have a chance to push further toward 1680–1700.
1700 was an important support that was previously broken. It has now turned into resistance; only if price reclaims it can the market’s focus truly shift upward.
After rebounding to around 1700, it quickly fell back again, indicating that trapped positions at higher levels are still being liquidated. Price may continue to trade around 1600 to complete turnover.
What’s most important now is not to chase this single rebound candle, but to see whether the following pullback can be held. Holding firm matters more than bouncing fast. $MU $SKHYNIX