$SNDK Tonight, someone finally pulled it back up.
Last Friday, I wrote about it at 834.14. It plunged straight down to 808.01, and I said I didn't dare use the word "bottom" anymore.
Then it dipped once more. On Monday night, it hit a low of 790.72, breaking through 808.01 too. I stared at the chart, thinking: It can't even hold 800 anymore.
And then?
It didn't break lower. From Monday night to tonight, one big bullish candle shot straight from 820 to 898.40, climbing nearly 10% in an hour.
That's a 13.6% rise from 790.72.
For the past few days, it had been lying low, stuck around 830 to 850, with candlesticks so small they were almost impossible to see. I thought it had fallen asleep. But the first breath it took after waking up was a candle like this.
But I don't dare get excited. From 1197.98, it's still 25% down. This rise has only made up a small fraction of the drop.
What's most tempting is that the point where I was least willing to say "bottom" turned out to be the low.
Did you get in around 790, or, like me, have you long since stopped daring to say "bottom"?
#Sandisk #SNDK #CPI前瞻，12月利率走向迎关键考验 #AI芯片股重挫纳指周跌3.4%
Last Friday, I wrote about it at 834.14. It plunged straight down to 808.01, and I said I didn't dare use the word "bottom" anymore.
Then it dipped once more. On Monday night, it hit a low of 790.72, breaking through 808.01 too. I stared at the chart, thinking: It can't even hold 800 anymore.
And then?
It didn't break lower. From Monday night to tonight, one big bullish candle shot straight from 820 to 898.40, climbing nearly 10% in an hour.
That's a 13.6% rise from 790.72.
For the past few days, it had been lying low, stuck around 830 to 850, with candlesticks so small they were almost impossible to see. I thought it had fallen asleep. But the first breath it took after waking up was a candle like this.
But I don't dare get excited. From 1197.98, it's still 25% down. This rise has only made up a small fraction of the drop.
What's most tempting is that the point where I was least willing to say "bottom" turned out to be the low.
Did you get in around 790, or, like me, have you long since stopped daring to say "bottom"?
#Sandisk #SNDK #CPI前瞻，12月利率走向迎关键考验 #AI芯片股重挫纳指周跌3.4%
