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If sndk stays above 1900, the re-short entry should be around 2200; if possible, even higher. After it breaks below 1900, depending on the floating movement after the break, the re-short entry spread needs some partial adjustment. The short has already been re-entered near 2160, and the adjusted spread is approximately equal to the breakdown spread—about 40 points.
Indeed, you could say that the initial position at 2036 could be held with an outlook toward 1900, but that’s all hindsight. Before the market has actually moved, we can’t confirm whether it will continue to fall. Based on the trading plan, the proposal to exit at the cost price near 2012 is very reasonable.
We can’t predict the future—we can only run multiple scenarios and make the most reasonable judgment. In the end, we successfully avoided the risk of Micron’s earnings report driving a price pump. We’ve now filled the short again at a better position near 2150, optimizing by more than 100 points. I don’t know whether it will keep rising afterward—please don’t get carried away and go all-in.