$SNDK
A massive rebound in chip stocks lifts U.S. equities
SanDisk is once again the standout
U.S. stocks have bounced back this time
Does this mean AI is really in the clear?
Whoa
Guys
Yesterday, the entire chip sector rebounded
and directly drove the Nasdaq higher
Leading AI chip stocks all bounced back
and investors have started buying the dip in tech growth stocks again
Big Hammer said back on the 15th
that buying SanDisk below 1300 was absolutely safe
Those of you who got in early have made a killing
For the crypto market
AI computing chip stocks recovering across the board
means investors are willing to embrace growth assets again
and risk appetite is rising
Bitcoin and Ethereum are both closely tied to Nasdaq growth stocks
so the broad AI recovery is also a big boost to sentiment around Bitcoin
But guys
this is just a rebound for now
we can't call it a reversal yet
SNDK is currently at 1366
Looking at the MACD
it has indeed diverged
and with bullish momentum strengthening
it has broken above the trendline
and completed a relative reversal
But guys
for now, we can only call it a relative reversal
not an absolute reversal
The bears' last line of defense is at 1409
Only a high-volume breakout above 1409 and a hold there would confirm an absolute reversal
It tried to break through several times yesterday but couldn't
It's now pulling back after the rally
1330 is support below
It must not break below that
Guys
there's no big issue with going long on SanDisk on dips right now
There's profit to be made
Have you gone long?
#芯片股反弹带动美股上涨
A massive rebound in chip stocks lifts U.S. equities
SanDisk is once again the standout
U.S. stocks have bounced back this time
Does this mean AI is really in the clear?
Whoa
Guys
Yesterday, the entire chip sector rebounded
and directly drove the Nasdaq higher
Leading AI chip stocks all bounced back
and investors have started buying the dip in tech growth stocks again
Big Hammer said back on the 15th
that buying SanDisk below 1300 was absolutely safe
Those of you who got in early have made a killing
For the crypto market
AI computing chip stocks recovering across the board
means investors are willing to embrace growth assets again
and risk appetite is rising
Bitcoin and Ethereum are both closely tied to Nasdaq growth stocks
so the broad AI recovery is also a big boost to sentiment around Bitcoin
But guys
this is just a rebound for now
we can't call it a reversal yet
SNDK is currently at 1366
Looking at the MACD
it has indeed diverged
and with bullish momentum strengthening
it has broken above the trendline
and completed a relative reversal
But guys
for now, we can only call it a relative reversal
not an absolute reversal
The bears' last line of defense is at 1409
Only a high-volume breakout above 1409 and a hold there would confirm an absolute reversal
It tried to break through several times yesterday but couldn't
It's now pulling back after the rally
1330 is support below
It must not break below that
Guys
there's no big issue with going long on SanDisk on dips right now
There's profit to be made
Have you gone long?
#芯片股反弹带动美股上涨