$SNDK Sandisk is back in the triple-digit era again. Is AI storage on the decline?
I said before that this wasn’t something you should buy the dip on—the bottom is nowhere in sight. Buying the dip just makes you fuel for the market. Nearly $10 million was liquidated within 24 hours; that’s what happens when you buy the dip too easily.
Everyone knows the market is closed today, but given how sharply it fell last week, Sandisk will most likely see a rebound to catch up. It should fall again afterward, though, and I predict it will reach a level starting with 6.
For a short-term trade, you can go long in waves and exit once it doubles. Then see how things look when the market opens on Monday before going short.
#美股一夜蒸发超2万亿，多家对冲基金面临清算
#美国拟收紧数据中心监管，AI扩张或面临新约束
I said before that this wasn’t something you should buy the dip on—the bottom is nowhere in sight. Buying the dip just makes you fuel for the market. Nearly $10 million was liquidated within 24 hours; that’s what happens when you buy the dip too easily.
Everyone knows the market is closed today, but given how sharply it fell last week, Sandisk will most likely see a rebound to catch up. It should fall again afterward, though, and I predict it will reach a level starting with 6.
For a short-term trade, you can go long in waves and exit once it doubles. Then see how things look when the market opens on Monday before going short.
#美股一夜蒸发超2万亿，多家对冲基金面临清算
#美国拟收紧数据中心监管，AI扩张或面临新约束
