SanDisk$SNDK violently pumps 200 USD! 2080 short positions are trapped, Old Zhang shows you a way out.

Bro, this SanDisk move is brutal! It went directly from 2080 to 2280, now holding above 2190, a violent 200-dollar pump. How many people who went short at 2080 must be in a daze right now!

The bears are already pinned down!
First, look at the data—smart money total position is 154 million, with the average long entry price at 1906, currently floating profit over 10 million USD; while 302 shorts with an average entry price of 2226 have a profit ratio of only 37%. It's clear who is making money and who is losing.

Even scarier is the liquidation map—the short liquidation intensity in the 2100-2150 range is as high as 2.65 million, and all the positions above are stacked with short stop-loss orders. Once the price continues to rise, a cascade of liquidations will push the price straight to 2270!

The news is adding fuel to the fire!
On June 30, Bernstein directly raised SanDisk's target price from $1,700 to $3,000, with another 46% upside potential! The storage sector collectively surged, with SanDisk leading the gain at 5.39%. This is no rebound—this is a trend reversal!

What to do with the 2080 short position?
Old Zhang gives you three ideas:
First, near the current price of 2190, reduce a quarter of the position to protect your principal;
Second, wait for a pullback to the 2100-2115 support level before reducing;
Third, if you really can't hold, consider hedging by opening opposite positions.

Should you tough it out waiting for a rebound? Or find a level to cut losses? Everyone's position size, leverage, and margin are different—there's no one-size-fits-all solution.

Don't act blindly. Find Old Zhang.#Gate完成141只股票股息派发 #Strategy拟回购股票
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