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Gu Jingci: SanDisk and Sol Trading Strategies (August 18th) with Market Analysis

2026-08-18 06:29:11
Shareshare
SanDisk, as the leader in this memory sector rally, has seen significant upward movement since its bottom. However, after an initial surge in the morning, it fell back, indicating a shift in the trend. Short-term fluctuations around 1720 are expected. Given that both US and South Korean stock markets experienced rallies followed by pullbacks, caution is advised against chasing the rally at the tail end of the trend. Watch for resistance around 1760-1780; consider shorting in batches below this resistance level. Sol has been consolidating sideways recently, mirroring Bitcoin and Ethereum's movements. Overall, bullish or bearish momentum is weak. The 77-78 level acts as short-term resistance; consider shorting in batches below this level until a decisive breakout and consolidation occurs. Trading suggestions: Short SanDisk around 1740-1760, target 1650-1680, with a further target of 1785; Short Sol around 76.3-76.8, target around 74. Analysis and strategies are for reference only; please bear your own risks. The article's review and publication are not timely; please refer to real-time updates.
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