$SNDK Sandisk has recently staged a fairly strong rebound, and quite a few people have been blindly trying to call the bottom and go long. This time, Brother Chai successfully talked two people out of it; otherwise, they would have been stuck holding losses again.
Yesterday, the AI narrative continued to develop. Sandisk and semiconductor stocks staged a fairly sharp rebound despite nonfarm payrolls and CPI coming in above market expectations, high interest rates, and tech stocks being under broad pressure. Short-term profit-takers have already started to exit, so the broader trend still favors looking for opportunities to short at higher levels.
There’s a delay in what gets posted on the forum. If anyone still has trouble reading the trend, feel free to join the discussion.
#SNDK
Yesterday, the AI narrative continued to develop. Sandisk and semiconductor stocks staged a fairly sharp rebound despite nonfarm payrolls and CPI coming in above market expectations, high interest rates, and tech stocks being under broad pressure. Short-term profit-takers have already started to exit, so the broader trend still favors looking for opportunities to short at higher levels.
There’s a delay in what gets posted on the forum. If anyone still has trouble reading the trend, feel free to join the discussion.
#SNDK
