🔥Don’t get lured into buying and getting trapped by this rebound! $SNDK This is just a recovery after a sharp drop, not the start of a new major rally!
Let’s look at SanDisk: it’s currently at 1412.87. It plunged from above 1600 to a low of 1215.35—a steep decline. Recently, positive news about NAND flash demand for AI inference has brought money back in for an oversold rebound.
But be clear about both sides of the news: in the long term, the next-generation BiCS10 flash memory and demand for SSDs in AI data centers support the fundamentals, and the memory price-upcycle thesis remains intact. In the short term, though, the risks are just as obvious: the market is starting to worry that AI capital spending may slow, putting pressure on valuations across the memory sector. Micron and Western Digital, in the same space, are also swaying with market sentiment, and Tesla’s earnings report tonight could affect appetite for tech stocks overall.
Trading plan: Don’t chase at the current price! This is a rebound within a downtrend, so the priority is to look for a pullback near resistance. If it stalls around 1435 and can’t push higher on strong volume, consider a small short position, with a stop-loss above 1470.
If you want to go long and bet on a second rebound, be patient and wait for a pullback to 1385 to stabilize before considering it. 1340 is the lifeline for this rebound; if it breaks below that level, this recovery will be over, and the stock may retest its previous low.
#股票财报季
Let’s look at SanDisk: it’s currently at 1412.87. It plunged from above 1600 to a low of 1215.35—a steep decline. Recently, positive news about NAND flash demand for AI inference has brought money back in for an oversold rebound.
But be clear about both sides of the news: in the long term, the next-generation BiCS10 flash memory and demand for SSDs in AI data centers support the fundamentals, and the memory price-upcycle thesis remains intact. In the short term, though, the risks are just as obvious: the market is starting to worry that AI capital spending may slow, putting pressure on valuations across the memory sector. Micron and Western Digital, in the same space, are also swaying with market sentiment, and Tesla’s earnings report tonight could affect appetite for tech stocks overall.
Trading plan: Don’t chase at the current price! This is a rebound within a downtrend, so the priority is to look for a pullback near resistance. If it stalls around 1435 and can’t push higher on strong volume, consider a small short position, with a stop-loss above 1470.
If you want to go long and bet on a second rebound, be patient and wait for a pullback to 1385 to stabilize before considering it. 1340 is the lifeline for this rebound; if it breaks below that level, this recovery will be over, and the stock may retest its previous low.
#股票财报季
