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Down 5%! A bloodbath in chip stocks, $SNDK plunges, retail investors suffer heavy losses—is it time to buy the dip or catch a falling knife?
The falling knife keeps dropping until it draws blood! Memory chip stocks collapse across the board, with SNDK bulls wiped out!
Brutally slaughtered before the U.S. market opened! SK Hynix plunged 6%, SanDisk fell 5%, while Micron and Western Digital dropped 4%. TSMC’s earnings report caused turbulence, and panic spread. A one-way waterfall decline! MA10 is firmly capping the price, MACD is below the zero line, and RSI has hit the oversold zone at 31. The previous low at 1325.55 is the last line of defense! Short positions can be opened under pressure around 1380 - 1400 on a rebound, while long positions can lightly bet on a rebound if 1325 holds on a retest
The macro-driven sell-off has yet to stop—do not blindly catch a falling knife! Follow the trend, and wait for stabilization signals before entering. Bull markets often see sharp declines; only by surviving can you preserve your chips.
#美国9月CPI超预期