$SKHYNIX $SNDK The US stock market is about to open. Maintain a short bias at higher levels!!!!!!
Most of the recent positive news has already been priced in. SanDisk is facing clear resistance at 1430, and many investors who rode the move up from the lows are choosing to take profits around 1420.
When the US market opens tonight, there will likely be a decent rally before earnings are announced. You can enter a small long position, with a stop-loss at 1320.
Going forward, the main strategy is still to look for short opportunities at higher levels—but remember, don’t blindly try to call the top. News on the plaza can be delayed, and there are always opportunities 👇👇
#SNDK #SKHYNIX
Most of the recent positive news has already been priced in. SanDisk is facing clear resistance at 1430, and many investors who rode the move up from the lows are choosing to take profits around 1420.
When the US market opens tonight, there will likely be a decent rally before earnings are announced. You can enter a small long position, with a stop-loss at 1320.
Going forward, the main strategy is still to look for short opportunities at higher levels—but remember, don’t blindly try to call the top. News on the plaza can be delayed, and there are always opportunities 👇👇
#SNDK #SKHYNIX
