$SNDK SNDK latest outlook: still waiting to see how things unfold at Monday’s open! This downturn is no joke!
Guys, if you’re currently holding long positions that are underwater, please read this carefully.
OpenAI has paused model training since late September. What does that mean? Even the biggest financier in the AI world is starting to hit the brakes. So here’s the question: are people still buying up SNDK chips like crazy?
Downstream AI companies may simply be unable to afford this much storage. Their ability to pay isn’t keeping pace with upstream capacity expansion. Demand is now in question.
SNDK fell 5%, and $MU Micron weakened too. This isn’t just an SNDK problem—the market is reassessing the entire storage/AI hardware narrative. No one is immune to systemic risk.
Here’s the painful part: even good news can’t push the stock up anymore. OnOctober 6, Mizuho raised its price target from 1875 to 2050. And what happened? The stock turned around and fell more than 5%. Good news without a rally is a sign that sentiment may have peaked.
Xinhuo Strategy:
Aggressive traders: Open a short position at the current price; add to it at 1630.
Conservative traders: Wait for the price to reach around 1630, then enter short positions.
(For specific entry timing, @鑫火首席 the risk-reward ratio is unbelievably favorable.)#SNDK #CFTCMovesToFoldEventContractsIntoSwapsRules
Guys, if you’re currently holding long positions that are underwater, please read this carefully.
OpenAI has paused model training since late September. What does that mean? Even the biggest financier in the AI world is starting to hit the brakes. So here’s the question: are people still buying up SNDK chips like crazy?
Downstream AI companies may simply be unable to afford this much storage. Their ability to pay isn’t keeping pace with upstream capacity expansion. Demand is now in question.
SNDK fell 5%, and $MU Micron weakened too. This isn’t just an SNDK problem—the market is reassessing the entire storage/AI hardware narrative. No one is immune to systemic risk.
Here’s the painful part: even good news can’t push the stock up anymore. OnOctober 6, Mizuho raised its price target from 1875 to 2050. And what happened? The stock turned around and fell more than 5%. Good news without a rally is a sign that sentiment may have peaked.
Xinhuo Strategy:
Aggressive traders: Open a short position at the current price; add to it at 1630.
Conservative traders: Wait for the price to reach around 1630, then enter short positions.
(For specific entry timing, @鑫火首席 the risk-reward ratio is unbelievably favorable.)#SNDK #CFTCMovesToFoldEventContractsIntoSwapsRules