Gu Jingci: SanDisk SDK Operation Strategy Analysis (August 17)

SanDisk has seen a series of positive factors in recent days, with its price rebounding from below 1000 to a current high of around 1770, nearing a bottom reversal. However, multiple upward spikes have encountered significant resistance. The 4-hour chart shows a small bearish candle with decreasing volume, indicating weakening upward momentum and a potential pullback. Technically, the DIF line has crossed below the DEA line, forming a death cross, and the MACD histogram has turned negative. While the price has reached a new high, the DIF line has failed to do so, creating a clear bearish divergence and suggesting weakening upward momentum and an increased risk of a pullback. Trading suggestion: Short SanDisk (SNDPK) around 1730-1750, with targets around 1640-1670 and a further target of 1780. This analysis and strategy are for reference only; please bear your own risk. The article's review and publication are not timely; please refer to real-time information.