skippix
skippix
Believe in the market, believe in growth
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avatarskippix
10-02 14:13
$SanDisk Corp.(SNDK)$ SPX tried to break lower today but managed to close +14 after backtesting the previous ATH at 7620. QQQ also held near 736 and closed at 742. We've seen a 4+ month consolidation in the Nasdaq, so it feels like just a matter of time before QQQ breaks out to 770. Trump can drop news at any moment that the Iran war is over, and once that happens SPX can run 200 fast with QQQ up 40+ during Q4. MU closed up 32. Through 1100 we can see 1150+, and SNDK to 1900 comes into play once it gets through 1800. AMZN has been basing for 2 months — if it holds above 247 it can run to 260 by the end of October. Let's see if Tech/Chip stocks can finally get their breakout in the next 1-2 weeks.
avatarskippix
10-02 02:19
$SanDisk Corp.(SNDK)$ Not sure the lesson is being understood here. We're breaking 1800. It's ramming through. 900 and it might start trending down. Don't fight it.
avatarskippix
10-01 07:25
$SanDisk Corp.(SNDK)$ If you're waiting for the 50 MA, you're not going to see it. You'll be left chasing it.
avatarskippix
10-01 06:39
$SanDisk Corp.(SNDK)$ It was always just a question of time. After two months of pain, we're finally getting back to where we deserved to be. With the help from our friends at $Micron Technology(MU)$ , tomorrow should be a strong move. And thanks to the bears too — that just adds more fuel. Combined with the buyback program, the latest analyst reports, and the S&P 100, the ATH should get matched soon enough.
avatarskippix
09-30
$SanDisk Corp.(SNDK)$  Memory chip companies have been raising prices because supply is tight and demand is strong. With that in mind, why would anyone bet on falling prices or shrinking margins? The MU CEO said its margin will be up until 2028.
avatarskippix
09-29
$SanDisk Corp.(SNDK)$ Volume hit its lowest point yet in the last session. It is hard to take this pullback seriously when it looks more like short traders playing with fire, especially with MU earnings just around the corner.
avatarskippix
09-29
$Micron Technology(MU)$ $SanDisk Corp.(SNDK)$  Wait for the price to drop after earnings, then buy. It's always sell the news even if earnings are outstanding.
avatarskippix
09-29
$SanDisk Corp.(SNDK)$ If President Trump strikes a deal with Iran, SNDK could possibly go green by end of day, and hopefully we see a 5% - 10% move up after that. This is my opinion.
avatarskippix
09-28
$Micron Technology(MU)$ $SanDisk Corp.(SNDK)$ $SK hynix(SKHY)$ Looks like Kospi is done messing around. Nice volume spike followed by nothing but buying.
avatarskippix
09-28
$SanDisk Corp.(SNDK)$  If it breaks 1,830 overnight, we could open around 1,900 tomorrow. 2,000 might be on the table this week.
avatarskippix
09-24
$SanDisk Corp.(SNDK)$  Not sure where the idea comes from that Trump would allow China chips into US companies. No way that happens. He just added more Micron to his portfolio.
avatarskippix
09-23
$SanDisk Corp.(SNDK)$ I've exited my puts here. Now I'm waiting for a calls signal to get in and ride it up above $1,900.
avatarskippix
09-23
$SanDisk Corp.(SNDK)$  Congrats to those who stayed disciplined enough to grab this at a discount over the past few weeks. For everyone else, buy high, sell low.
avatarskippix
09-22
$SanDisk Corp.(SNDK)$  This forum is crazier than the ticker itself.
avatarskippix
09-22
$SanDisk Corp.(SNDK)$ If it clears $1821, the first stop looks like the July gap fill at $1909. From there, the path higher to $2200 and ATH could get choppy. I think $2500 before Christmas is possible.
avatarskippix
09-22
$SanDisk Corp.(SNDK)$  The sell-off was completely expected. It dropped a bit harder than I thought it would, but now we're on the road to fill the $1909 gap from July. We may see an all-time high this year.
avatarskippix
09-22
$SanDisk Corp.(SNDK)$  Let's close over $1800. That would be super impressive.
avatarskippix
09-22
$SanDisk Corp.(SNDK)$  Ladder shorting continued through the late morning. Price is down 50 from Friday and down around 100 from the daily high. Fund selling, profit taking from the inclusion, and the subsequent ladder shorting all piled together with people dumping calls. This looks like the buy point where institutions step in to defend price. SNDK was up 22.5%, or $338, from the low last Wednesday. The price is now down 100, or 30% of that $338 gain. Since funds were the ones that started buying at the $1740 level as part of the inclusion, that's likely where they begin defending price, and they can afford to absorb more shares with the drop. The price action doesn't represent SNDK. It represents typical mark
avatarskippix
09-21
$SanDisk Corp.(SNDK)$  SNDK has generally moved up more than Micron, but right now it seems to be going the opposite way, which is widening the percentage gap between the two. Feels like SNDK needs to catch up a bit here.
avatarskippix
09-21
Are we finally seeing the rotation into chip and memory stocks? $Micron Technology(MU)$  to 1250, $SanDisk Corp.(SNDK)$  to 2000, $Advanced Micro Devices(AMD)$  to 600, $ARM Holdings(ARM)$  to 300 are all in play.

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