$SanDisk (SNDK.US)$
Pre-market observation notes for June 7, 2026: The range of 1515–1558 forms a demand zone providing support, with historical order concentration highly clustered near 1556, establishing the Point of Control (POC). A breakdown below this zone could trigger numerous stop-loss orders and lead to a rapid decline toward the new POC at 1380 (within the 1372–1450 demand zone), completing the fill of the Fair Value Gap (FVG) from May 21. If prices fail to rebound and instead break below 1270, the downtrend could become difficult to halt. However, I remain personally optimistic—this appears to be a daily-level retest. The sharp rally over the past two weeks has created many Low Volume Nodes (LVNs) that require re-absorption and repricing. My primary concern is that SNDK’s gamma exposure has turned clearly negative and shows signs of further expansion. This implies market makers may engage in short-selling, amplifying downside momentum. I will continue monitoring SNDK closely, watching its reaction at both demand zones.

$Navitas Semiconductor (NVTS.US)$ After intense hedging, gamma has nearly fully returned to neutral—a desirable state for market makers. The put wall at 24 is a resistance level worth watching. If the price falls below this level, market makers will incur losses from exercised put options. In the coming period, market makers will align with long positions to prevent further declines.

$Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$ 3:36 pm EST, SOXS forming a double top, SOXL forming a double bottom—stay alert and monitor closely.

$Navitas Semiconductor (NVTS.US)$
11 AM Order Flow Update: Shorts have pulled their main defensive line back to around 27.5 and are using iceberg orders at the bid to hold back longs. I interpret this as a sign of weakening short momentum. However, longs have also retreated their main defensive line to 26 and placed iceberg orders at the offer to absorb sell pressure. I need to closely monitor Delta changes—someone might be accumulating positions.
12:09 AM Observation Update:
Shorts' first line of defense: 26.5 (just posted at 12:10 AM), second line: 26.7, third line: 27.5, totaling 31K shares in sell orders.
Bulls' first line of defense: 25.4 (posted at 12:11 AM with a cumulative 25K buy orders); second line at 25 (cumulative 35K buy orders). The second line appears unstable, with orders frequently posted and then canceled, making it impossible to fully rule out spoofing.
On the buy side, there are an additional 3–4 iceberg orders positioned between the current market price and the first defensive line as buffers. Their total size is unquantifiable; I can only record the volume they’ve already revealed.
Conclusion: Selling pressure has weakened, and buyers now have the ability to hold their ground. On a macro level, price action is clearly filling the large FVG (Fair Value Gap) created on June 3. We can already observe positions being shifted from higher levels toward the three-day VAL (Value Area Low), which actually increases the momentum for price to revert toward the three-day POC (Point of Control) at 31. On a micro level, bullish order volume consistently exceeds bearish orders, indicating...

$Navitas Semiconductor (NVTS.US)$
While SOXS keeps scalping relentlessly, rather than waiting for the 'Great Leader' to engineer a V-shaped reversal, I’ve decided to examine the order flow first. Bulls have established their first line of defense near 26.61, accumulating 30K buy orders. Bears, on the other hand, would need to see prices rise to 29 before amassing an equivalent volume of sell orders.
Update: 10:35 AM EST – Bulls have established a second line of defense near the higher level of 26.8, now forming a double-layered wall of buy orders. However, bears have placed at least three layers of iceberg sell orders near the current market price to block any price rebound. At this point, bulls are primarily on the defensive, seemingly aiming to absorb aggressive sell orders with passive bids, showing little intention to launch an active offensive. Meanwhile, after positioning their main passive sell block around 27.4, bears also refrained from pressing the attack aggressively. Both sides are now locked in a standoff across the current market price, separated by three layers of iceberg orders. Starting at 10:36 AM, bulls attempted four advances but retreated upon encountering iceberg sell orders. Additionally, bulls have deployed four layers of iceberg buy orders between 27 and 26.8 for flexible, elastic defense. Let me make another bold call: this is likely close to the bottom. The bulls’ defensive structure has been rebuilt, and they clearly have the resolve to hold their ground—but lack the will to counterattack. Therefore, I won’t be buying the dip until broader market conditions improve and bulls initiate a clear offensive move. These are purely personal views and do not constitute investment advice.

$Navitas Semiconductor (NVTS.US)$ good buy opportunity. im back in. LFG!

$Navitas Semiconductor (NVTS.US)$ crawling... waki waki