koolgal
07-31 13:50
🌟🌟The storage sector staged a magnificent rally after yesterday's crushing despair.
The big question: Is this the ultimate Gold Pit entry or a short trap designed to lure you right before the floor drops again?

$SanDisk Corp.(SNDK)$ leads the charge jumping 26% in a single day , breathing life back into the entire hardware & memory sector.

Just like SK Hynix, San Disk's rally reminds us that the AI revolution cannot exist without massive memory infrastructure.

There is a big temptation to rush on FOMO urges but it is wise to exercise caution.

I would wait for 48 hours to see if San Disk & the storage peers can hold these newly reclaimed support levels on steady institutional volume.

It is likely that the 26% vertical spike in SanDisk is the classic signature of a short squeeze.  This is when panicking bears are forced  to buy back shares at any price to cut their losses.

Let's not forget Kevin Warsh's hawkish stance.

@Tiger_comments @TigerStars @Tiger_SG @TBlive

The boss asked me to issue coins
Hello everyone! Today is the eve of the "US Stock Earnings Week War", and it is also the first day of this tiger! To be honest, the boss stuffed a pocket of tiger coins as soon as he entered the office, and gave a death order: "If you can't finish it in a month, don't think about getting off work!" In order to get off work early and eat hot pot, I will hold fresh topics here every day and wait for everyone. As long as you dare to talk, I dare to send it! Look directly at today's hot discussion πŸ‘‡ πŸ”₯ The Nasdaq 100 fell 1.1%. Should the Fed FOMC + Big Four be safe from earnings week?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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