Besides the recent volatility range serving as a reference,

the strongest bullish catalyst in storage is buybacks. A company's repurchase program provides significant support to its stock price. Companies like Apple have enjoyed long-term bull runs, driven by strong fundamentals and continuous share repurchases.

This is also why we suggested shorting SNDK at 1820, advising to exit positions below 1650 while monitoring closely, essentially fearing a potential squeeze on news releases.

My initial plan was:

1. Capture gains during Wave 3 upward;

2. Capture gains during Wave 4 downward;

3. Capture gains again during Wave 5 upward.

I caught Waves 1 and 3, but missed Wave 2 due to taking a call. Total profit: ~16,000 RMB 🔪

I'll sell off later this week to take a break—making 100k RMB in a week is already great.

Contentment brings happiness; no need to compare returns with various 'stock gods'.

Fighting next week! I'm stepping away from trading for the rest of this week, closing my charts. Bros, go big! Get rich!

Short-term trading is just about pocketing small gains. If the storage sector makes a complete reversal (SNDK holds above 1947.2 / MU holds above 1100 / SK Hynix holds above 178; otherwise, the thesis doesn't hold), it would be suitable to hold for a period without active trading. That's a topic for further observation.