$SNDK It’s been trading sideways for a day! What are the bulls and bears waiting for? Mige: The turning point is coming soon.



Brothers, SNDK was a bit boring yesterday. After rebounding from 1695 to 1824, it’s been swinging back and forth in the 1770-1860 range—stuck in limbo, like waiting for takeout. There’s no point being in a rush.

First, look at the moving averages. MA7 (1818) and MA25 (1820) have already stuck together below the price—this is a signal that the market may stabilize in the short term. But MA99 (1995) is still hanging overhead far above, nearly 170 points away. That shows the bigger trend hasn’t reversed yet—so this can only be defined as base-building consolidation after an oversold rebound.

As for volume, the 24-hour trading volume has clearly shrunk, indicating both bulls and bears are standing by—no one wants to make the first move. This kind of sideways consolidation on shrinking volume is often a prelude to a major breakout, and the direction is likely to be chosen at the beginning of next week.

There isn’t much new on the news front. The storage sector as a whole is waiting for guidance after the U.S. stock market opens. On July 4, U.S. markets will be closed, liquidity will drop further, and volatility may be amplified.

Mige’s advice—sell high and buy low within the range, and test with a light position.
Long: Wait for a pullback to 1800-1810 to stabilize, then try a long; Short: Wait for a rebound around 1855-1865 to try a short.

Brothers, when the market is trading sideways, don’t rush. The market will always give you direction. Our job now is to save your ammo, and when the signal appears, act decisively. Follow Mige—we’ll wait for the wind to come together.

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