$SNDK
Honestly, I still think we need to be cautious. This point for SanDisk is extremely critical—this is already its third attempt to break through 1830. If the short-term has gained 30%, then at this time selling off a large portion is actually relatively better; even if you chase again after a breakout, that can work too.
But its technical indicators haven’t reached the traditional oversold area at all—it's only around the middle—so it's hard to judge right now. Be cautious, cautious again, and then even more cautious. There’s also an earnings report at the end of the month, and this level could trigger something big at any moment.
Honestly, I still think we need to be cautious. This point for SanDisk is extremely critical—this is already its third attempt to break through 1830. If the short-term has gained 30%, then at this time selling off a large portion is actually relatively better; even if you chase again after a breakout, that can work too.
But its technical indicators haven’t reached the traditional oversold area at all—it's only around the middle—so it's hard to judge right now. Be cautious, cautious again, and then even more cautious. There’s also an earnings report at the end of the month, and this level could trigger something big at any moment.
