It’s also thanks to Nvidia’s explosive earnings report and Jensen Huang’s comments on the earnings call that concerns about the AI bubble have eased. $SNDK SanDisk once again takes back 1500; the resistance level has turned into a support level
Actually, I’m finding it hard to hold on to this long position at 1500. The storage sector’s recent rebound performance really hasn’t met expectations, and the long positions are performing poorly
Luckily, SanDisk held the prior low at 1419, so it doesn’t look too weak—I didn’t cut the long position. However, the TP that I previously set at 1637 may need to be lowered. I’m planning to take partial profit earlier at the 1600 integer level. Not sure if there will be an opportunity
NFA, DYOR！
Actually, I’m finding it hard to hold on to this long position at 1500. The storage sector’s recent rebound performance really hasn’t met expectations, and the long positions are performing poorly
Luckily, SanDisk held the prior low at 1419, so it doesn’t look too weak—I didn’t cut the long position. However, the TP that I previously set at 1637 may need to be lowered. I’m planning to take partial profit earlier at the 1600 integer level. Not sure if there will be an opportunity
NFA, DYOR！
