Gu Jingci: SanDisk Trading Strategy and Market Analysis (August 19)

SanDisk's short position was initiated around 1740 yesterday, and the price dropped to around 1565 in the early morning. Currently, the price has rebounded after hitting a bottom, with short-term resistance around 1700-1720, which is also the area of consolidation during yesterday's decline. This rebound presents a good entry opportunity. Trading suggestion: Short SanDisk around 1685-1700, with targets around 1560-1600, and a further target of 1730. Analysis and strategies are for reference only; please bear your own risks. The article's review and publication may not be timely; please refer to real-time information.