SanDisk just exploded +13.7% in a single session — here's why storage stocks are on fire 💾🔥
The setup:
• $1,528 | RSI: 53.6 (plenty of room)
• Broke above SMA5, SMA10, and SMA20 in one move
• Volume at normal levels — meaning this could be the start, not the top
The macro story: AI data centers need storage. A LOT of storage. Every new GPU cluster requires massive NAND/flash capacity. SNDK is riding the AI infrastructure wave alongside the chip makers.
📋 Key levels:
• Support: $1,271 (SMA50 zone)
• Resistance: $2,050 (previous consolidation high)
• 3-month range: +50% off lows, still 35% below highs
The semiconductor/storage sector rotation is real. If you missed the initial MU move, SNDK might be the second chance.
Storage stocks: catch-up trade or one-day wonder? 👇
#SNDK #AI #Semiconductors
⚠️ Not financial advice. Always DYOR before investing.
The setup:
• $1,528 | RSI: 53.6 (plenty of room)
• Broke above SMA5, SMA10, and SMA20 in one move
• Volume at normal levels — meaning this could be the start, not the top
The macro story: AI data centers need storage. A LOT of storage. Every new GPU cluster requires massive NAND/flash capacity. SNDK is riding the AI infrastructure wave alongside the chip makers.
📋 Key levels:
• Support: $1,271 (SMA50 zone)
• Resistance: $2,050 (previous consolidation high)
• 3-month range: +50% off lows, still 35% below highs
The semiconductor/storage sector rotation is real. If you missed the initial MU move, SNDK might be the second chance.
Storage stocks: catch-up trade or one-day wonder? 👇
#SNDK #AI #Semiconductors
⚠️ Not financial advice. Always DYOR before investing.