$Sandisk(SNDK.US) is expected to continue its sprint towards 1000 starting tomorrow and the day after.
Logic:
1. Compared to SanDisk at high levels, NVIDIA at 170, AMD at 190, and Microsoft at 400 are more attractive. However, NVIDIA has now reached a dangerous level of 193 (multiple failed breakouts followed by sharp drops), and speculative capital may return to the storage sector.
2. Profit-taking chips have been mostly washed out, and trapped chips have also been largely washed out. Currently, the chip concentration peak is extremely high around 590, which is likely the main force accumulating positions.
Logic falsification signals:
1. SanDisk continues to decline steadily this week: This indicates that all the bottom-fishing is done by retail investors; it's time to exit directly.
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