$SNDK SanDisk has fallen from 1148 to 990, and its short-term trend has clearly weakened!
This decline in SanDisk was mainly caused by several factors coming together.
First, after the election, the market began reassessing policy risks for tech stocks, and investors became more cautious about AI and semiconductors.
Second, SanDisk had already gained substantially, and expectations for AI storage tailwinds were quite high. Once investors started taking profits, concentrated selling became more likely.
In addition, expectations for further NAND flash price increases have cooled, and investors are beginning to worry that future profit growth may not be as strong as previously thought.
The drop from 1148 all the way to 990 shows that the bulls have clearly lost control.
Next, keep a close eye on 990. If the price breaks below this level decisively, there is still a risk of further declines. If it rebounds, 1030–1040
is the first resistance zone. If the rebound fails to hold above it, shorting in the direction of the trend may still be worth considering.
For now, I don't recommend blindly buying the dip. Until the trend reverses, focus on resistance levels during rebounds rather than rushing to go long.
#Strategy旗下STRC自5月以来首次触及100美元 #韩国拟设加密安全事件即报规则
This decline in SanDisk was mainly caused by several factors coming together.
First, after the election, the market began reassessing policy risks for tech stocks, and investors became more cautious about AI and semiconductors.
Second, SanDisk had already gained substantially, and expectations for AI storage tailwinds were quite high. Once investors started taking profits, concentrated selling became more likely.
In addition, expectations for further NAND flash price increases have cooled, and investors are beginning to worry that future profit growth may not be as strong as previously thought.
The drop from 1148 all the way to 990 shows that the bulls have clearly lost control.
Next, keep a close eye on 990. If the price breaks below this level decisively, there is still a risk of further declines. If it rebounds, 1030–1040
is the first resistance zone. If the rebound fails to hold above it, shorting in the direction of the trend may still be worth considering.
For now, I don't recommend blindly buying the dip. Until the trend reverses, focus on resistance levels during rebounds rather than rushing to go long.
#Strategy旗下STRC自5月以来首次触及100美元 #韩国拟设加密安全事件即报规则
