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📉 $SNDK remains under pressure, and the recent price action suggests caution. The stock is still down roughly 42% from its local high, while its strongest rebound since listing has been only +14%. That highlights how fragile sentiment remains. Despite supportive AI capex commentary from $META and $MSFT, memory-related names showed little positive follow-through. That lack of buying interest suggests the sector may still need more time to stabilize. My view: 🔹 Another leg lower wouldn't be surprising if market conditions continue to weaken. 🔹 At the same time, a 20%+ relief rally is still possible once selling pressure begins to ease. The key is not trying to perfectly time the bottom—especially with leverage. Long term, my outlook on the memory sector remains constructive. But after a selloff of this magnitude, markets typically need time to rebuild confidence. Sharp V-shaped recoveries are the exception, not the rule. Have a plan. Manage your risk. Let price confirm the trend before increasing exposure. #DailyOrbit #SNDK #AI #Semiconductors #RiskManagement#DailyOrbit