$SanDisk Corp.(SNDK)$ Showing a very clean and straightforward chart setup here. The price action is moving nicely with solid technical structure, making it a great name to watch for steady, consistent gains.
$Tesla Motors(TSLA)$ The daily chart shows a classic bull flag pattern forming. As long as price holds above the flag's support and continues making higher lows, the momentum remains constructive. A clean break and sustained hold above $410 would confirm the continuation, with upside potential toward $455. The key is follow-through volume on the breakout; otherwise, it remains range-bound.
$SanDisk Corp.(SNDK)$ Watch this close at an all-time high today. Either way, this thing is going to $3000 in the next couple of months. Be patient and handle the volatility.
Jefferies expects memory prices to see a sequential increase of 40% to 50% in Q3 2026, and the market should brace for another 30% to 40% hike in Q4 2026. For 2027, they're forecasting another 40% to 45% year-over-year price increase, with a recovery not expected until 2028 when ASPs are projected to decline as new capacity, around 15% to 20%, comes online. This supply increase might not be as significant as anticipated, given the ongoing rise in demand for AI and compute. Currently, 50% of total capacity is covered by long-term agreements and contracts signed between memory makers and major tech firms. $Micron Technology(MU)$ has already signed 16 Strategic Customer Agreements. This coverage could rise to 70%, meaning even less supply will be
$SanDisk Corp.(SNDK)$ The Motley Fool article from Sunday, June 28th, discussed how the AI memory supercycle could last longer than investors expect. That's good news for Micron and Sandisk. The price moves in these stocks are entirely fundamentals-driven. When revenue and guidance continue to impress, it's no surprise the stocks keep rallying even after their strong year-to-date gains. The memory supercycle appears to be going strong.