When things reach extremes, they reverse. Most storage stocks have basically been dumped down to the lower band of the channel—a familiar script.


Here, a quick oversold rebound will happen soon, but it’s only a rebound.
Of course, bottom-fishing here still has a favorable risk-reward ratio. Anyway, I’ve already bottom-fished—SanDisk $SNDK and Micron $MU are my core positions.
Below 1300 on SanDisk, I’ve also placed heavy additional averaging-in orders; around 800 on Micron, I’ve also placed averaging-in orders.
Believe in yourself—my advantage is me!!!
SNDK-3.87%
MU-0.55%
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