Sandisk Corp (SNDK) Stock AnalysisSNDKSandisk Corp

$SNDK is currently trading near $1,403 after a sharp intraday pullback. The focus now is whether buyers can hold the $1,350–$1,400 demand zone and rebuild momentum. Key levels: • Support: $1,350–$1,400 • First resistance: $1,460 • Next resistance: $1,520 • Major upside level: $1,600 Trade idea: Rather than entering during the current selloff, I prefer to wait for confirmation of a reclaim and hold above $1,400. A strong reaction at support could open the way for a move toward the resistance levels above. If $1,350 is clearly broken, this setup needs to be reassessed rather than forcing a long position. For me, the key here is simple: confirm first, then position. #USSeptemberCPITopsEstimates #WillYouBuyDipInKoreanStocks #SpotGoldRecoversPostCPILosses

SK Hynix plunged 10%! The 2x long product crashed 22% in a single day—who is behind the aggressive sell-off? When faith in memory chips was shattered, Hynix plummeted from 1241. This is not a pullback; it is the beginning of deleveraging. News: On October 15, Hong Kong-listed memory chip names fell across the board. SK Hynix dropped more than 10% in a single day, the Southbound 2x long product plunged 22%, and South Korea's KOSPI also dropped sharply. Fundamental panic spread to crypto derivatives. Technical picture: On the 1-hour chart, price fell in a one-way drop from the 1439 high to 935. MACD formed a death cross with rising volume, while KDJ became钝化. Fund flow monitoring shows a weighted directional score of -68, with large net outflows over longer periods (7D/15D) and only weak short-term replenishment. The liquidation map shows that after dense long liquidations near 938, short strength below 947 continued to rise, creating a "long-short double kill" at the bottom. In terms of action, shorts may consider selling on rebounds into the 960 - 980 area, while longs may wait for volume-backed stabilization plus RSI bullish divergence or a reclaim of 1000 before considering short-term longs. Jin Yao's view: The memory sector is clearly under short-term pressure, and sentiment repair will take time. Don't be fooled by oversold conditions. $SKHYNIX $SNDK #USSeptemberCPIExceededExpectations

$SNDK SNDK has already dropped to $1,353, and this decline may not be over yet!!! It fell all the way from around $1,484 to $1,353 now, which is a sizable drop, so at this level I actually don't want to keep chasing shorts. But there is one problem: NAND prices are still rising, enterprise SSD demand is also strong, and SNDK's previous earnings and guidance were not bad, so why can't the stock even hold $1,400? I think the biggest problem now is not that the industry has no growth, but that the market already priced in that growth early. The positive factors are still there, yet the price keeps drifting lower, which shows funds are no longer willing to keep paying for the previous high valuation. Every rebound now may run into profit-taking sellers again. Next, I am most focused on TSMC's earnings and US PPI. On Thursday, if the news sparks a semiconductor rebound and SNDK returns to around $1,395–$1,415, I would not be surprised at all. But if the news is good and funds still cannot absorb the supply, this kind of rebound may again become a selling point. I personally remain bearish into Friday, with a preference for around $1,280–$1,340, and if weaker, it may even test $1,220–$1,270. However, $1,353 is already close to the target range, so I will not blindly chase shorts just to stay bearish. Only if PPI clearly eases, TSMC drives semiconductors to regain sustained buying, and SanDisk reclaims $1,484 instead of spiking and fading again, would I change my current view.

The same candlestick pattern played out, with some traders capturing moves in both directions while others kept missing the rhythm. Reviewing Wednesday, when Bitcoin faced pressure at highs and pulled back, the live trading followed the trend by going long first and then short, capturing both sides. Bitcoin gained a total of 1,998 points, and Ethereum gained 63 points. Currently, price has dropped to the previous low area and is still hovering there, with no clear sign of stabilization yet. No rush to enter—wait and observe for now. $BTC $ETH $SNDK

The storage sector's drop this time is similar to the last big selloff. Last time SK Hynix went from 1350 to 900, this time from 1390 to the current 1025. The strongest one is still MU. There's about half a month left until the midterm elections, so I'm betting there will be more positive news within that half month. If there's a rally before then, it's likely the last dance. At that point I'll look for a spot near the high to watch for a bigger pullback. $MU $SNDK