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$SNDK Keep going long, and while you’re at it, pay attention to $MU !
AI compute power has had a solid underlying demand for storage chips. In the earlier selloff, I think it was more about leverage getting squeezed and the market deflating after the prior rally got too aggressive. The short-term pullback may just be a washout.
At this level, you can consider buying SanDisk, and simultaneously building positions around $MU . If it drops, there may be an opportunity to add to the position. Going forward, the trend may recover; for the first target, watch 1580 first, then look higher to 1750.
If on Monday’s open there’s a downward wick, it could be a good time to add and go long. However, don’t chase too aggressively—keep risk under control.