$SNDK $SKHYNIX
The price action of these two is practically copy-and-paste. A forceful breakout has left the bears with no chance to fight back.
Trading plan:
SanDisk just surged straight up and broke above its previous high of 1369. It’s now consolidating strongly near the highs—this clearly looks like major players squeezing the shorts, giving anyone who missed the move no chance to get in.
Keep a close eye on the previous high at 1369. If it can hold above this level on increased volume, that opens up new room to run, and you can follow the trend and go long. If it pulls back but holds above 1350, that’s also an opportunity to buy the dip.
SK Hynix also put in a strong bullish candle, surging straight to 1116 and breaking out of its recent trading range. A high-volume breakout like this suggests big money has already moved in to snap up shares.
After breaking above 1116, a pullback into the 1100–1105 range would be a good entry point for a long position. Place the stop-loss below 1090.
Both stocks have broken out strongly. Follow the trend and go long, then wait for the major players to send them flying!#FOMC会议
The price action of these two is practically copy-and-paste. A forceful breakout has left the bears with no chance to fight back.
Trading plan:
SanDisk just surged straight up and broke above its previous high of 1369. It’s now consolidating strongly near the highs—this clearly looks like major players squeezing the shorts, giving anyone who missed the move no chance to get in.
Keep a close eye on the previous high at 1369. If it can hold above this level on increased volume, that opens up new room to run, and you can follow the trend and go long. If it pulls back but holds above 1350, that’s also an opportunity to buy the dip.
SK Hynix also put in a strong bullish candle, surging straight to 1116 and breaking out of its recent trading range. A high-volume breakout like this suggests big money has already moved in to snap up shares.
After breaking above 1116, a pullback into the 1100–1105 range would be a good entry point for a long position. Place the stop-loss below 1090.
Both stocks have broken out strongly. Follow the trend and go long, then wait for the major players to send them flying!#FOMC会议
