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$SKHYNIX Tonight the news flow came out. Overall, for US stocks, it hasn’t dropped too much—mainly because I always prioritize risk-to-reward. My stop-loss has always been around 1.5 points. Today, I just narrowly lost. Winning 11 straight days and getting one wrong trade isn’t scary. What’s scary is not having the courage.
At the moment, the probability of a rate hike in market sentiment has reached 70%. Of course, personally, I don’t think there will be a rate hike. Since Bitcoin and Ethereum were at 1800, I’ve been saying that the next move for Bitcoin and Ethereum might really surge strongly. Also, Hynix still hasn’t broken down. I’m placing a bet on a long position at the 1360 level. The stop-loss goes at 1340. I think the risk-to-reward is still very good.
Including tomorrow night’s CPI data—I personally think there’s a real possibility of a major surprise either way. It could spike straight up with a single “needle,” and we don’t know how high it will go. Tomorrow morning at 7:30, I’ll go live. Overall, the storage sector hasn’t dropped too much.
Originally, based on my normal logic, if Sandisk breaks below 1700, it would likely go to test 1600. But the support below is incredibly strong, and the volatility also isn’t that big. According to my logic, the outlook from here is still bullish
$SNDK I lost. I kept eating SanDisk for 11 straight days—minimum 50 points, up to 100 points. Today is the 12th day. I still lost. Now the SanDisk market is moving sideways; it can’t go up, and even when it drops, it drops very slowly. Whether it can go up next depends on how tomorrow’s CPI data plays out.
$SNDK Confronting at 1735.55, the SanDisk big flash just arrived in the right spot. I set a stop loss that’s not too big—1710. The risk-reward ratio is maximized. Day 11 now—waiting for the market to open.
$SNDK A needle arriving as promised—just barely not piercing 1720. But there’s nothing to fear. As long as it hasn’t reached the stop-loss point, that “two horizontals and one vertical” is to go for it.
In the morning, going long on Haili shi for a straight takeoff; in the evening, going long on nbis also for a straight takeoff. Today, in the live room, going long on the Xiaofeigun is also a straight takeoff. I’m just the terminator of Sandisk
Next, over the coming week and this week, in the live room I’ve repeatedly said that the storage sector is entering a second wave of upswing. When was the last time we saw Haili shi hitting 1300? Tomorrow, Haili shi will most likely continue to push upward.
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$SPCX As of now, the US stock market has no defeats. Move in—don't short, brothers. We'll buy more soon and make a profit, then get out of the industry.