SanDisk enters the S&P 100 index. The storage-chip sentiment spills over, and since it belongs to the memory sector along with SK HYNIX, I think the short term is slightly bullish, but there’s overhead resistance. Current price is 1367.1, up 2.1% in the past 24 hours. Turnover is 59,000, funding rate is 0.0000%, and open positions are 38,000. Both longs and shorts are reluctant to add leverage, and sentiment is cautious and somewhat cold. The hourly chart is rising but is only -0.15% below the high, while the four-hour chart is still down 4.32%, indicating the rebound is being capped below 1372.9. The previous low at 1330.7 is support. Order book: 123 buys and 203 sells, buy/sell ratio is 0.61, with sell orders in advantage. Chasing longs needs to watch for a false breakout. Strategy 1: On a pullback to 1341.5, go long with a light position; stop-loss at 1327.3; take-profit at 1369.8. Strategy 2: If it breaks above 1373.6 on increased volume, then go long again; stop-loss at 1358.2; take-profit at 1391.4. Position size should not exceed 20%. If the level breaks, exit immediately.

——Only for personal opinions and does not constitute investment advice. Wishing you a smooth trade.——

$SKHYNIX#SanDisk has been officially included in the S&P 100 Index