$SNDK Short it at the current price! The good news is basically out!

Luo Jie basically said it like this: these past two days’ rally—people kept saying stuff like “bulls are back,” “the market has stood up,” and “trend reversal”—could it be because they were front-running the earnings report hype? Now there’s already a wick inserted at the 1669 area. Basically, what could be traded on the hype has already been traded; the good news is almost fully priced in. When the actual earnings results come out, what situation could there be?
If it meets expectations, then the good news is fully exhausted—insert one last upward spike, and institutions sell off into the move.
If the data is bad, then panic selling will keep going, with one long big bearish candle after another.
No matter which scenario it is, the momentum from the good news has already been used up. After that, it goes back to the original path—downward all the way. For any positions at high levels, if you can get ready and enter shorts early, do it now—don’t wait until it falls so far that it’s “to Grandma’s house” before asking whether you can still chase. #VIP专享4%年化理财 #加密银行Augustus融资1.8亿美元