---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42511218.md"
description: "$Sandisk(SNDK.US)$Micron Tech(MU.US)Hello everyone!The drop in the past few days has wiped out one-third of my account value. Some friends holding SanDisk have asked for my opinion. Personally, I am firmly holding onto the underlying shares without moving. This is currently a mid-term correction in the semiconductor sector for the uptrend that started at the end of March, involving valuation compression and deleveraging. The medium-term trend for memory/storage remains bullish!My article from a few days ago (referenced below) already mentioned that SanDisk's pullback of around 28% was slightly on the small side. Last night's low point has already reached 37%. Around 1460 is the 50% retracement level of this rally's gains. Generally, the deviation shouldn't be too large. I've always emphasized that holding underlying shares with deleveraging means not worrying about wear and tear and being able to withstand volatility.The fundamentals of memory chips haven't changed. This round of adjustment isn't much different from the previous two. The total adjustment period is estimated to be around 2 months. The greater the storm, the more valuable the fish!Good luck everyone!"
datetime: "2026-07-08T10:26:56.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42511218.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42511218.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42511218.md)
author: "[昆仑山岩石](https://longbridge.com/en/profiles/15670421.md)"
---

# $Sandisk(SNDK.US)$Micron Tech(MU.US)Hello everyone…


### Related Stocks

- [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md)
- [MU.US](https://longbridge.com/en/quote/MU.US.md)

## Comments (62)

- **新用户Hejw4613iwqd · 2026-07-12T14:49:03.000Z**: How low is the cost? It has dropped so much, yet it's only 1/3.
- **闪迪 · 2026-07-09T14:43:18.000Z**: Boss Rock, will you buy SK Hynix? Tomorrow
  - **昆仑山岩石** (2026-07-09T15:18:44.000Z): Look at the price, if it's similar to the price in South Korea, it's worth buying. Usually, there will be a premium. If the premium is too high, there's no need to buy it.Compared to SK Hynix, I'd rat
- **乐乐赚够100万就收手 · 2026-07-09T03:32:46.000Z**: Overseas markets also open high and close low every day, a chain reaction that's grinding away all the confidence.
- **diamond man · 2026-07-08T19:08:10.000Z**: I sold NVIDIA and switched to storage last Friday, and as a result, NVIDIA suddenly surged today.
- **光辉万丈 · 2026-07-08T14:53:42.000Z**: Warm-hearted StockPro Rock🌹👍
- **ns5ei3听夏雨 · 2026-07-08T14:24:32.000Z**: SanDisk has been going crazy lately, with fluctuations of over ±10%. Even holding the underlying stock is getting a bit unbearable with this kind of drop.
- **GYYG · 2026-07-08T12:20:06.000Z**: Why does a pre-market drop accelerate during the trading session?
  - **昆仑山岩石** (2026-07-08T12:52:49.000Z): The accelerated decline is what the short side hopes for to trigger a margin call cascade!
  - **GYYG** (2026-07-08T13:51:33.000Z): Learned something
- **多金Rich · 2026-07-08T12:03:47.000Z**: Thanks for the psychological massage from fellow stock investors, your words are pleasant and reassuring. I went from a 40% paper gain to about a 10% loss after adding to my position. I've also looked up information from various sources and found no issues with the fundamentals, yet the stock price 
- **Mr.Light · 2026-07-08T11:45:57.000Z · 👍 1**: Too ruthless, killing 1/3 and still can double 1
- **卡尔 · 2026-07-08T11:22:06.000Z**: SanDisk 2354 retraced 50% to 1177How did you calculate 1460? 😄
  - **大司马桓温** (2026-07-08T11:28:21.000Z): 50% gain from the end of March to now
- **hohohaxi · 2026-07-08T11:16:32.000Z**: Their mocking voices are so loud 😂
- **跟顾神反着买 · 2026-07-08T10:54:19.000Z**: Thinking that a drop isn't a bad thing,
- **一起赚票票的Leo · 2026-07-08T10:46:31.000Z**: Fully invested, no ammo, can't add even if I want to
- **CHASON · 2026-07-08T10:41:03.000Z**: Bro, what's your take on Micron's pullback range? Thanks.
  - **昆仑山岩石** (2026-07-08T10:58:24.000Z): More or less, SanDisk's amplitude is usually a bit larger.
  - **CHASON** (2026-07-08T11:03:54.000Z): Okay, thanks
- **Jerome_V · 2026-07-08T10:40:02.000Z**: Seeking advice, boss. If I hold a double position, can I also just lie flat...
  - **昆仑山岩石** (2026-07-08T11:00:37.000Z): I don't approve of adding leverage. It's already fallen so much, and the subsequent volatility still depends on one's own psychological tolerance.
  - **Jerome_V** (2026-07-08T11:19:33.000Z): Hmm, thanks! The cost basis is 26 yuan, which is still relatively resilient. Since things are already like this, it's best to stay unchanged and adapt to all changes.
  - **金坛张学友** (2026-07-08T13:06:07.000Z): With a cost basis of 18.5, it's now hovering around the break-even point.
- **樾然的交易员 · 2026-07-08T10:38:32.000Z**: Thanks for the massage, StockPro! Adjustments take time. With so many trapped positions above, it's impossible to pull up effortlessly like before.
- **睡神致富 · 2026-07-08T10:37:48.000Z · 👍 1**: In two months, those who used leverage are going to be wiped out. I don't even dare to buy 2x ETFs anymore.
- **涅槃重生 · 2026-07-08T10:36:58.000Z · 👍 7**: Liquidated on June 30th, started building a position last night.
  - **新用戶_Q3B7Hg** (2026-07-08T10:39:26.000Z): So strong
  - **北极冲浪** (2026-07-08T13:05:41.000Z): Good at doing it
  - **正在缓冲** (2026-07-08T13:27:29.000Z): That's really awesome, bro
- **就这样吧~ · 2026-07-08T10:34:46.000Z**: Bro feels like 1460 can't even hold anymore
  - **昆仑山岩石** (2026-07-08T10:38:25.000Z): We can only estimate based on historical experience; in the end, the market has the final say.
  - **就这样吧~** (2026-07-08T10:44:30.000Z): Sigh, the market's panic selling feels like it has its own momentum now.
- **先上车 · 2026-07-08T10:34:07.000Z**: If it's a two-month adjustment, why not come out first?
  - **你还年轻，三千万不够** (2026-07-08T10:35:07.000Z): That is a god
  - **蓮蓉小狗如履薄冰** (2026-07-08T10:35:15.000Z): You think he's a god? This kind of market condition just surges whenever he says so.
  - **昆仑山岩石** (2026-07-08T10:50:11.000Z): Based on the timing of the previous two intermediate corrections, SanDisk's intermediate corrections typically take about 2 months to start the next wave, not a continuous 2-month decline. It's alread