$SNDK Keep going long from this position. Over on Wall Street, everyone is talking it down. The moment this kind of news comes out, it might actually be a contrarian signal instead. The big-name “Xingchen” directly added a 800,000-heavy position. Now that the price has been dumped, most of the retail panic selling has basically already been cut. After all, the fundamental logic of the real demand for storage chips hasn’t changed at all. When the market is extremely pessimistic, it often may be near the bottom. Everyone can pay attention to the strength of the upcoming rebound, but don’t chase too much when entering—make sure you control risk.

SNDK3.47%
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