$SNDK
Today the memory sector collectively rebounded. It’s a breakout trend accompanied by volume—especially clear bullish activity with heavy bottoming volume, and real capital has moved in.
The market is saying that AI trading is rotating from GPUs toward storage and data centers.
The earlier decline was because some people in the AI camp called for a slowdown, but now the funds have returned to buy the infrastructure layer.
As for the market structure, it’s currently a period of high-level consolidation after a short-term strong breakout.
My personal strategy: go long.
Entry: wait for a pullback into the 1580–1590 range to go long. This area is close to the prior post-breakout retest zone, and it’s also easier to place a stop-loss.
Stop-loss: around 1540.
Take-profit: first look at 1680–1700; further out, you can target 1750–1780.
If you chase long at the current price directly, then your stop-loss needs to be widened to 1555–1560. Take-profit would also look at 1750+, and the upside is still sufficient, but it’s not as comfortable as waiting for a pullback.
Key to watch: whether 1626 can be broken again. If it breaks and the volume can keep up, then you can continue holding. If it falls below 1570 and can’t reclaim it, then this breakout move is considered invalid for now—step back and observe.
Don’t chase too aggressively at the high level. Wait for a decent pullback before getting in—it’s more stable.
Today the memory sector collectively rebounded. It’s a breakout trend accompanied by volume—especially clear bullish activity with heavy bottoming volume, and real capital has moved in.
The market is saying that AI trading is rotating from GPUs toward storage and data centers.
The earlier decline was because some people in the AI camp called for a slowdown, but now the funds have returned to buy the infrastructure layer.
As for the market structure, it’s currently a period of high-level consolidation after a short-term strong breakout.
My personal strategy: go long.
Entry: wait for a pullback into the 1580–1590 range to go long. This area is close to the prior post-breakout retest zone, and it’s also easier to place a stop-loss.
Stop-loss: around 1540.
Take-profit: first look at 1680–1700; further out, you can target 1750–1780.
If you chase long at the current price directly, then your stop-loss needs to be widened to 1555–1560. Take-profit would also look at 1750+, and the upside is still sufficient, but it’s not as comfortable as waiting for a pullback.
Key to watch: whether 1626 can be broken again. If it breaks and the volume can keep up, then you can continue holding. If it falls below 1570 and can’t reclaim it, then this breakout move is considered invalid for now—step back and observe.
Don’t chase too aggressively at the high level. Wait for a decent pullback before getting in—it’s more stable.