
Sandisk Return Rate$Sandisk(SNDK.US)$Micron Tech(MU.US)
The medium-term trend is bullish, with a short-term adjustment to draw the K-line chart!
***Written during the stock price adjustment.
***The severe fluctuations in SanDisk and Micron Technology this week are due to huge recent gains and the impact of related AI stocks plummeting after earnings reports. The adjustment method was a bit fierce, but this is actually not surprising; SanDisk rose even more violently when it was gaining.
When it was around 700, everyone was excited. Now at 500-600, have we lost confidence? Experienced investors can draw the trend chart for about the next month. Look at how they moved from last November to the end of the year. This time, the duration will be shorter and the magnitude smaller, of course, barring any black swan events in the broader market.
Closely monitor Kioxia's earnings report and guidance released in late February and Micron Technology's earnings report and guidance in mid-to-late March. Both are number one in the entire market, epic-level earnings reports. When SanDisk's earnings report comes out in May, it will be time to witness the $1000 mark.
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