Nasdaq's pullback is approaching a 10% drop 📉. It's starting to look like a good time to buy the dip 📈. SanDisk has started rebounding, with an upside target of 1358～1520. Buy now ‼️
Recently, there have been too many publicly shared profitable trades. Our long positions in SanDisk have already taken profit, and I didn't even have time to post them.
In the previous live stream, it was mentioned that Nasdaq had already pulled back nearly 8% from its previous high, close to the historical average pullback of 10%. The rebound should begin next.
In the popular storage sector, SanDisk has also pulled back quite a bit from its previous high, and it is completely cheap blood-in-the-water chips now.
Because SanDisk's earnings this year were very impressive, after the earnings report was released, the stock surged and then showed signs of pulling back, and combined with the overall Nasdaq correction,
this round of decline has clearly exceeded the normal value range. Whether from the perspective of earnings-based value investing or technical trend analysis, SanDisk has already given a buy-the-dip signal.
So on the October 17 live stream, the chief gave the buy-the-dip suggestion of 1268-1168 in the image below. SanDisk briefly spiked down to 1215, landing exactly in the buy-the-dip range we provided.
Then the upside target is 1358～1520.
At present, SanDisk is around 1358, and the first round of taking profit can begin. Keep part of the position for further upside.
Publicly posting live trading results online, and yet again taking profit 🤑🤑 Thanks everyone
Recently, there have been too many publicly shared profitable trades. Our long positions in SanDisk have already taken profit, and I didn't even have time to post them.
In the previous live stream, it was mentioned that Nasdaq had already pulled back nearly 8% from its previous high, close to the historical average pullback of 10%. The rebound should begin next.
In the popular storage sector, SanDisk has also pulled back quite a bit from its previous high, and it is completely cheap blood-in-the-water chips now.
Because SanDisk's earnings this year were very impressive, after the earnings report was released, the stock surged and then showed signs of pulling back, and combined with the overall Nasdaq correction,
this round of decline has clearly exceeded the normal value range. Whether from the perspective of earnings-based value investing or technical trend analysis, SanDisk has already given a buy-the-dip signal.
So on the October 17 live stream, the chief gave the buy-the-dip suggestion of 1268-1168 in the image below. SanDisk briefly spiked down to 1215, landing exactly in the buy-the-dip range we provided.
Then the upside target is 1358～1520.
At present, SanDisk is around 1358, and the first round of taking profit can begin. Keep part of the position for further upside.
Publicly posting live trading results online, and yet again taking profit 🤑🤑 Thanks everyone