1500 exact top-escape! $SNDK sudden selloff in SanDisk plunges 16%, validating the short-selling logic— the rebound at 1250 is a “death-trap”行情!

Brothers, yesterday when Mige called 1480 short, some people were still hesitating: “It already dropped so much—how dare you short?” Today the market directly gives you the answer at 1213! Brothers who trusted the logic made a killing; the doubters smashed their thighs in disbelief. The essence of trading is cognition monetization—once your cognition is right, the money naturally comes.

This sudden crash in SanDisk is not accidental; it’s a classic case of the “Davis double kill.” Three major logics hit at the same time—China’s lithography machine R&D breaks through the valuation bubble of semiconductor equipment; ASML and NVIDIA collapse across the board. ChangXin Technology surges 466% after listing— the market immediately prices in an acceleration of China’s storage domestic substitution, and price-war expectations heat up. Meanwhile, instead of boosting sentiment, NVIDIA’s $750 billion AI mega order triggers worries about credit risk—Japanese and Korean stock markets get scared into free-fall: SK hynix drops more than 9%, and Kioxia plunges 18%. With three layers of bad news piling up, memory chips become the hardest-hit area.

From a technical perspective, continuous long bearish candles break through all supports. The Bollinger Bands suddenly open up dramatically; price runs along the lower band. MACD forms a dead cross below the zero line and the divergence expands; green histogram bars keep increasing volume—bearish momentum is more than sufficient. RSI has fallen to 13.86 and entered the oversold zone, but under this kind of extreme negative catalyst, oversold can get even more oversold. Bottom-picking is just catching a flying knife.

Mige’s trading suggestion:
Keep the short position, don’t touch the base position; wait for the rebound to add. If you have no position, aggressive players can take a light short around 1250-1270.

Personal view:
Brothers, with bad news at this level, there won’t be a V-shaped reversal—only rebounds then more downside. The rebound near 1250 is a “death-trap”行情; don’t get tricked into boarding on small bullish candles. Downtrend—trade with the trend.

#长鑫开盘跌7.7%