$SNDK Broke the rise rhythm—what structure is forming after 1822?
First layer: look at price. SNDK fell from 1822.61 to 1721.11, then bounced back quickly, but both attempts failed to reclaim the previous high. The peak keeps shifting lower, indicating that sell pressure is using every rebound to push the price down.
Second layer: look at volume. Near 1721, both the decline and the pullback showed clear volume expansion, suggesting that buyers and sellers were exchanging positions on a large scale. After that, trading volume gradually cooled off, and the price also stalled around 1750, meaning the market currently lacks incremental buy pressure to push higher.
Third layer: look at news. Sandisk’s AI storage logic is still there, but recently official disclosures have been mainly focused on investor meetings, with no new orders or earnings upgrades. Meanwhile, oil prices have broken above $100, U.S. Treasury yields have risen, and overall risk appetite for tech stocks is under pressure.
Therefore my bias is bearish: enter between 1762 and 1770, stop loss at 1792, target 1728.
If you believe 1721 has already completed the shakeout, tell me the most crucial evidence, and we can look together at whether it can overturn the structure of lower highs.
The above is only my personal thought process and does not constitute investment advice. #苹果发布首款折叠屏手机
First layer: look at price. SNDK fell from 1822.61 to 1721.11, then bounced back quickly, but both attempts failed to reclaim the previous high. The peak keeps shifting lower, indicating that sell pressure is using every rebound to push the price down.
Second layer: look at volume. Near 1721, both the decline and the pullback showed clear volume expansion, suggesting that buyers and sellers were exchanging positions on a large scale. After that, trading volume gradually cooled off, and the price also stalled around 1750, meaning the market currently lacks incremental buy pressure to push higher.
Third layer: look at news. Sandisk’s AI storage logic is still there, but recently official disclosures have been mainly focused on investor meetings, with no new orders or earnings upgrades. Meanwhile, oil prices have broken above $100, U.S. Treasury yields have risen, and overall risk appetite for tech stocks is under pressure.
Therefore my bias is bearish: enter between 1762 and 1770, stop loss at 1792, target 1728.
If you believe 1721 has already completed the shakeout, tell me the most crucial evidence, and we can look together at whether it can overturn the structure of lower highs.
The above is only my personal thought process and does not constitute investment advice. #苹果发布首款折叠屏手机
