$SanDisk Corp.(SNDK)$ looks like it could make one final push into the sell zone before the next major correction. The target zone is $899.38 to $503.84. Staying patient and watching the levels.
$SanDisk Corp.(SNDK)$ Shorts keep pointing out that the stock is barely green, but they're ignoring the volume, which is basically nonexistent. It looks like the stock is coiling for a big move up, especially with Micron reporting near the end of this month. Shorts can keep shorting, but longs will gladly take their money.
$SanDisk Corp.(SNDK)$ If everyone sells off and heads for the exits, this will never make it to 1800. The momentum needs to stay strong to break 1600, and then it could push sharply higher from there.
$Micron Technology(MU)$ $SanDisk Corp.(SNDK)$ $SK hynix(SKHY)$ $Invesco QQQ(QQQ)$ There is a fake article going around claiming CXMT has gained 10% market share in the DRAM market, but that isn't quite right. A lot of those statistics are being pulled from Chinese sponsored data sites that are dubious at best. CXMT's own prospectus from its IPO stated it only had 5% market share in the worldwide DRAM market and no market share in HBM. The article also claims CXMT is supplying Xiaomi with LPDDR6 DRAM for the 18 Fold phone. What it doesn't mention is that supply is only expe
$SanDisk Corp.(SNDK)$ SNDK's forward PE finally updated to 7. Once it slips below 6, SNDK could buy back its entire company. At this price it's basically free money. My midterm PT is still $30,000.
$SanDisk Corp.(SNDK)$ Imagine shorting a stock where management keeps announcing an additional $15 billion share buyback program every quarter for the next two years.