$SanDisk Corp.(SNDK)$ $Lumentu-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$SanDisk Corp.(SNDK)$ $Lumentum (LITE.US)$ congrats to all who saw 1000 as the sell signal. couldn't break 3 times

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Lumentum Loses 11% After Beat: Is $770 a Buying Opportunity?

Lumentum posted Q3 revenue growth and beat profit estimates, yet the two-day cumulative decline to nearly 11%; Coherent (-10%) and Applied Optoelectronics (-14%) fell in tandem, triggering a broad optical sector selloff as 'optical trade cooling' dominated institutional commentary. The AI data center optical module narrative that drove the group's extended rally is now being aggressively repriced. A beats-on-all-fronts earnings report yielding a two-day 11% decline — has the optical AI trade been over-hyped, or is this a technical pullback? Is $770 a level worth buying?

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