Postare

$SNDK looked strong until the market asked one simple question: “What’s next?” I’m still positioned short here, expecting the pullback to continue. The earnings weren’t terrible. In fact, the results were fairly solid. The problem was that expectations had already gotten way ahead of reality. The real warning came from guidance. Next quarter’s revenue midpoint came in at $10.55B, about $600M below the market’s $11.16B expectation. That miss was enough to send $SNDK down roughly 8% after hours. Since then, the chart hasn’t given bulls much to work with. $SNDK fell sharply from around 2,300, and every attempt to bounce has struggled to gain real momentum. When dip buyers keep stepping in but price can’t reclaim key levels, it usually tells you something: sellers are still in control. And it’s not just SanDisk. The broader storage space has been under pressure, with SanDisk, Western Digital, and Micron all showing weakness while much of the broader U.S. tech market has been rebounding. That divergence is hard to ignore. For now, I’m staying bearish on $SNDK. I’ll be watching for another failed bounce rather than chasing the downside. Sometimes the market doesn’t punish a company for bad earnings — it punishes it for not being good enough to match the hype. #PayrollsDropCPIFocus #AIMemoryStressTest #SpaceXUnlockRebound #DailyOrbit