$SK Hynix (000660.KR)$ $SanDisk (SNDK.US)$ $Micron Technology (MU.US)$
What’s going on? It suddenly surged
What’s going on? It suddenly surged
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$SanDisk (SNDK.US)$
After Monday’s 5% rally, I was down $10,000—because I held positions in Micron and SanDisk! I’ve been holding through all this time and finally saw light at the end of the tunnel! During the upward trend, I kept adding to my short positions—and eventually, my day in the sun arrived! But in the end, I sold too early! Ugh… Luckily, I managed to recover later. My account had dropped to $14,000, but I clawed back half of that loss. I’ll treat the money lost from selling too soon as a lesson learned! So I went bargain-hunting to recoup some losses. Recently, my account climbed back to $24,000—now it’s SK Hynix’s turn! The past couple of days have been extremely volatile!
After Monday’s 5% rally, I was down $10,000—because I held positions in Micron and SanDisk! I’ve been holding through all this time and finally saw light at the end of the tunnel! During the upward trend, I kept adding to my short positions—and eventually, my day in the sun arrived! But in the end, I sold too early! Ugh… Luckily, I managed to recover later. My account had dropped to $14,000, but I clawed back half of that loss. I’ll treat the money lost from selling too soon as a lesson learned! So I went bargain-hunting to recoup some losses. Recently, my account climbed back to $24,000—now it’s SK Hynix’s turn! The past couple of days have been extremely volatile!
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This currently resembles a normal correction accompanied by deleveraging. If fundamentals continue to improve going forward, this correction could mark the starting point of the next major bull market; if fundamentals deteriorate significantly, it could instead evolve into a deeper bear market.
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$SK Hynix (000660.KR)$
In South Korea, there are local buyers stepping in
For SK Hynix in the U.S., who is stepping in as the buyer?
In South Korea, there are local buyers stepping in
For SK Hynix in the U.S., who is stepping in as the buyer?
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$SanDisk (SNDK.US)$ If the price had gradually declined to 1,600 today, you’d feel terrible—but since it’s now rebounding back to 1,600, you feel great. That’s masterful psychological manipulation.
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