$SNDK Market sentiment is subdued, and there aren't many opportunities to seize.
Stop fixating on whether SanDisk can reach 500 or 1,000. If it really drops to 500, you won't be able to hold your short position; if it rallies to 1,000, most people won't be able to stay in either.
Know your role as a short-term trader: just capture the swings. Even if the price moves 100 points in a day, locking in 20 or 30 points is plenty.
The current minor support is 800, with initial resistance at 850. A break above 850 points to 880; a break below 800 means a test of a new range. Holding above 900 would open up further upside.
It's impossible to predict the ultimate high or low. Flexibly switching with the range is the best approach right now.
For intraday trading ideas, join the chatroom.
#CPI前瞻，12月利率走向迎关键考验
Stop fixating on whether SanDisk can reach 500 or 1,000. If it really drops to 500, you won't be able to hold your short position; if it rallies to 1,000, most people won't be able to stay in either.
Know your role as a short-term trader: just capture the swings. Even if the price moves 100 points in a day, locking in 20 or 30 points is plenty.
The current minor support is 800, with initial resistance at 850. A break above 850 points to 880; a break below 800 means a test of a new range. Holding above 900 would open up further upside.
It's impossible to predict the ultimate high or low. Flexibly switching with the range is the best approach right now.
For intraday trading ideas, join the chatroom.
#CPI前瞻，12月利率走向迎关键考验
