Traded Value$Sandisk(SNDK.US) is rising while volume is shrinking, short at 644. Can take a 50% position.
260220 Pre-market/SanDisk's absolute win rate is about to come again
$Sandisk(SNDK.US) stock price is oscillating upward with high volatility, originating from $Western Digital(WDC.US) successfully selling $3.1 billion worth of shares at a price of 545. The buyer of this deal needs to profit in the short term. The stock price is also approaching 660, which is a resistance level. If it breaks through and stabilizes between 660-668, I think it will create an illusion and false impression of an imminent breakthrough at the 725 price level. Even though the stock price appears to be rising, it still cannot change the fact that the business has entered a stable period., so between 660-668, I am more bearish...
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