11.11 Wed Xu Wen $SNDK outlook
Liquidation landscape: There is an extremely dense short liquidation zone above, between 920 and 925, with a strong magnetic pull. If triggered, it could easily spark a short squeeze and a sharp rally. However, the current price of 898 is too close to resistance, making a direct long entry very unfavorable in terms of risk-reward.
News: A strong overnight rally in U.S. semiconductor stocks (the Philadelphia Semiconductor Index rose 6.85%) provides support from capital inflows. However, watch out for short-term profit-taking pressure around the 8-for-1 stock split on November 19, as well as potential downside from NAND price growth slowing.
Trading plan:
Entry range: 880–890 (overlaps with the 1-hour MA10 support and the green support zone on the liquidation map; a strong short-term support area)
Stop loss: Below 874 (a break below the MA20 and the short-term bullish trend; exit and admit the trade is wrong)
First target: 925 (the core short liquidation zone, likely to trigger a major short squeeze and rally)
Maximum target: 940 (the next-highest liquidation zone above)
$SNDK #英伟达Q3财报将至：能否化解市场疑虑？
Liquidation landscape: There is an extremely dense short liquidation zone above, between 920 and 925, with a strong magnetic pull. If triggered, it could easily spark a short squeeze and a sharp rally. However, the current price of 898 is too close to resistance, making a direct long entry very unfavorable in terms of risk-reward.
News: A strong overnight rally in U.S. semiconductor stocks (the Philadelphia Semiconductor Index rose 6.85%) provides support from capital inflows. However, watch out for short-term profit-taking pressure around the 8-for-1 stock split on November 19, as well as potential downside from NAND price growth slowing.
Trading plan:
Entry range: 880–890 (overlaps with the 1-hour MA10 support and the green support zone on the liquidation map; a strong short-term support area)
Stop loss: Below 874 (a break below the MA20 and the short-term bullish trend; exit and admit the trade is wrong)
First target: 925 (the core short liquidation zone, likely to trigger a major short squeeze and rally)
Maximum target: 940 (the next-highest liquidation zone above)
$SNDK #英伟达Q3财报将至：能否化解市场疑虑？
