If it fails to hold above 920, investors will face the torment of reducing positions at high prices.

LongPort - 是你得不到的男人
是你得不到的男人

MU, which was the center of attention today, still failed to free investors who chased the rally (FOMO) from their positions. SNDK's stock fell after hours following its earnings report. The trend in storage stocks is a classic case of joy turning into sorrow. If MU and SNDK cannot free those who bought at high prices, it will trigger a punishment mode, shifting investor sentiment from "buy the dip" to "sell on rallies." The semiconductor sector will enter a painful sideways consolidation phase.

Trade time for space.

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