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Gu Jingci: SanDisk and Sol Trading Strategies (August 21) with Market Analysis

2026-08-21 09:38:30
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SanDisk, after its previous sharp rise and fall, has entered a short-term pullback and is trading within a narrow range. Short-term resistance is seen at 1640-1660, while short-term support lies around 1500-1520. Until these levels are broken, consider buying low and selling high based on these support and resistance levels. If a break occurs, exit immediately. Sol followed Bitcoin and Ethereum's upward surge, reaching a high of around 93.4. The previous weekly high was around 97-98, indicating significant resistance at this level. Avoid chasing the rally; instead, consider shorting in batches at higher levels. Trading suggestions: Short SanDisk around 1620-1640, target around 1550; Short Sol around 92-93, target around 88-85. Short Sun around 1670 and 95.
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