🚨 $SNDK and $SPCX face selling pressure at the open! SanDisk falls below $1,000—can SpaceX stage a strong rebound?
Tech stocks on the U.S. market remain under pressure tonight, with semiconductor and AI-related stocks in the spotlight. Keep a close eye on SNDK and SPCX after the opening bell!
📉 SNDK SanDisk | Bears still have the upper hand
SanDisk closed down about 7.9% in the previous session and fell again in premarket trading. The market is concerned that memory price gains may be slowing and that AI data center policy remains uncertain.
🔻 Bearish strategy:
If it falls below $970 and rebounds weakly, watch for short-selling opportunities
Targets: $950 / $930
Stop-loss: Reclaims above $1,000
🟢 Bullish strategy:
Only a move back above $1,000 followed by a high-volume breakout could open the door to a test of $1,020–$1,040.
🚀 SPCX SpaceX | Financing news adds short-term uncertainty
SPCX closed down about 3.8% in the previous session and remained weak in premarket trading. The market is watching SpaceX’s roughly $40 billion AI chip financing plan, as well as potential policy and regulatory risks following the midterm elections.
🔻 Bearish strategy:
If it falls below $130 and cannot quickly recover, watch for short-selling opportunities
Targets: $127 / $124
Stop-loss: Reclaims above $136
🟢 Bullish strategy:
If it holds above $130 and breaks back above $135, it could rebound to $138–$141 in the short term.
⚠️ Key things to watch tonight
Whether SNDK can reclaim $1,000 and SPCX can hold above $130 will be important signals for gauging the short-term strength of both stocks.
Neither stock is suitable for blindly chasing gains right now. Wait for price and volume confirmation after the open before deciding which way to trade!
Tech stocks on the U.S. market remain under pressure tonight, with semiconductor and AI-related stocks in the spotlight. Keep a close eye on SNDK and SPCX after the opening bell!
📉 SNDK SanDisk | Bears still have the upper hand
SanDisk closed down about 7.9% in the previous session and fell again in premarket trading. The market is concerned that memory price gains may be slowing and that AI data center policy remains uncertain.
🔻 Bearish strategy:
If it falls below $970 and rebounds weakly, watch for short-selling opportunities
Targets: $950 / $930
Stop-loss: Reclaims above $1,000
🟢 Bullish strategy:
Only a move back above $1,000 followed by a high-volume breakout could open the door to a test of $1,020–$1,040.
🚀 SPCX SpaceX | Financing news adds short-term uncertainty
SPCX closed down about 3.8% in the previous session and remained weak in premarket trading. The market is watching SpaceX’s roughly $40 billion AI chip financing plan, as well as potential policy and regulatory risks following the midterm elections.
🔻 Bearish strategy:
If it falls below $130 and cannot quickly recover, watch for short-selling opportunities
Targets: $127 / $124
Stop-loss: Reclaims above $136
🟢 Bullish strategy:
If it holds above $130 and breaks back above $135, it could rebound to $138–$141 in the short term.
⚠️ Key things to watch tonight
Whether SNDK can reclaim $1,000 and SPCX can hold above $130 will be important signals for gauging the short-term strength of both stocks.
Neither stock is suitable for blindly chasing gains right now. Wait for price and volume confirmation after the open before deciding which way to trade!