🔥$SNDK After a brutal sell-off, is the opportunity here? Around 1250, Lao Lin is getting ready to go long!

Just now, there was a quick wave of heavy selling. SNDK was dumped from its previous high all the way down, with the low hitting around 1231. The panic selling is very clearly being released. In four hours, long positions totaling 2187w USD were wiped out. But Lao Lin thinks the opportunity is actually right here:
1. The sharp drop releases risk. In the short term, there’s a need for an oversold pullback and repair. After a continuous, steep decline, the momentum from the bears starts to weaken. Around 1300, it has already entered a prior trading area with dense activity, where funds are more likely to step in and take over.
2. The semiconductor sector hasn’t turned bad. This move in SanDisk is more like a panic-driven selloff—those fast “smash-down” patterns often wash out short-term positions. When the panic is over, the rebound speed is usually also relatively fast.
3. For key levels, Lao Lin is watching the support around 1300 and following the current price for SNDK. Around 1270, directly set up long orders to position for an oversold rebound. Around 1260, add long positions, targeting a recovery back toward the 1350-1400 area. If it can regain and hold above, then later continue to look at higher levels. This kind of sharp sell-off isn’t a spot everyone dares to enter, but opportunities often sit inside the panic. Follow Lao Lin—only focus on the market sentiment turning points. 🔥#长鑫今日上市成交901亿 #直通IPO第二期JerseyMikes