$SNDK This morning, it once again shattered my little conviction from last night that we’d found the "bottom".
I’d just finished writing last night, sometime after midnight. It was still at 1068.90, then bounced to 1154, and I thought to myself: 1070 is the bottom for this round.
But this morning, a single bearish candle plunged straight to 1050.00, breaking below 1068.90 too.
The bottom I thought we’d hit? This time it dipped another level lower.
And then?
It climbed back up. It surged from 1050 to around 1145 in one go, then spent the afternoon grinding between 1120 and 1145. But just in the past hour, another bearish candle pushed it back down. It’s now 8 p.m., and the price is 1105.45.
From 1197.98, it’s already down 7.7%. From 1050, it’s up 5.3%.
What makes me itch to sell the most is that the price I most wanted to cut my losses at was, once again, today’s low.
Every bit of the climb gets given back.
Did you manage to buy in around 1050, or are you like me, thinking every time that this is finally the bottom?
#Sandisk #SNDK #美国10月非农出炉:降息还有戏吗? #美国中期选举:市场有哪些期待?
I’d just finished writing last night, sometime after midnight. It was still at 1068.90, then bounced to 1154, and I thought to myself: 1070 is the bottom for this round.
But this morning, a single bearish candle plunged straight to 1050.00, breaking below 1068.90 too.
The bottom I thought we’d hit? This time it dipped another level lower.
And then?
It climbed back up. It surged from 1050 to around 1145 in one go, then spent the afternoon grinding between 1120 and 1145. But just in the past hour, another bearish candle pushed it back down. It’s now 8 p.m., and the price is 1105.45.
From 1197.98, it’s already down 7.7%. From 1050, it’s up 5.3%.
What makes me itch to sell the most is that the price I most wanted to cut my losses at was, once again, today’s low.
Every bit of the climb gets given back.
Did you manage to buy in around 1050, or are you like me, thinking every time that this is finally the bottom?
#Sandisk #SNDK #美国10月非农出炉:降息还有戏吗? #美国中期选举:市场有哪些期待?

