---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42734266.md"
description: "SNDK's key support level has been broken. It won't be able to pull back later. The long side has failed, so don't fantasize. You have to learn to admit defeat temporarily. If the long side counterattacks in the future, just buy it back at 1450-1460."
datetime: "2026-07-16T15:47:34.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42734266.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42734266.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42734266.md)
author: "[钢铁纪律](https://longbridge.com/en/profiles/13301109.md)"
---

# SNDK's key support level has been broken. It won't…


### Related Stocks

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

## Comments (73)

- **哈哈龙 · 2026-07-16T20:18:30.000Z**: Does Dram have to leave too?
- **MGBF-L · 2026-07-16T17:00:52.000Z**: Tie, is this important support level you mentioned the psychological midpoint of the Fibonacci retracement?
  - **钢铁纪律** (2026-07-16T17:01:23.000Z): Yes
- **为什么不抄底 · 2026-07-16T16:48:27.000Z**: Are there still long positions in US stocks? A complete rout.
  - **钢铁纪律** (2026-07-16T17:01:47.000Z): I rarely think about problems this way. What goes up must come down, and it's not strange at all.
- **汀禾拾金 · 2026-07-16T16:34:51.000Z**: Sold half of my Micron position, feeling a bit more relaxed now.
- **精彩KUN · 2026-07-16T16:34:43.000Z**: What about Micron? How much has it broken through the support level?
- **巨硬股东 · 2026-07-16T16:33:07.000Z**: Steel Bro, you were spot on, it started to pull back from the support level
  - **钢铁纪律** (2026-07-16T16:33:54.000Z): Once the short position is closed out, it's easy for it to come back up again.
  - **巨硬股东** (2026-07-16T16:35:24.000Z): But it's not stable either, let's see how it closes today.
  - **钢铁纪律** (2026-07-16T16:35:55.000Z): That's how it is with quantitative trading, we can't beat them.
- **X.X · 2026-07-16T16:26:19.000Z**: Brother Steel, are there any new moves after yesterday's top-up?
  - **钢铁纪律** (2026-07-16T16:34:02.000Z): None
- **大司马桓温 · 2026-07-16T16:21:34.000Z**: Alas, I sold it and lost a lot. It fell below 1450 and dropped to 1300. Is it turning bearish now?
  - **钢铁纪律** (2026-07-16T16:22:42.000Z): Just wait for it to finish falling and then bounce back.
- **仙女1234567 · 2026-07-16T16:15:13.000Z · 👍 1**: Bro, you're too awesome, really can't be that ambitious, I've sold, call me when it stabilizes.
  - **钢铁纪律** (2026-07-16T16:24:42.000Z): It's nothing, wait for it to rise back up before buying it back.
  - **仙女1234567** (2026-07-16T16:25:20.000Z): Awesome, nok waiting for your signal, I must follow suit
  - **钢铁纪律** (2026-07-16T16:26:12.000Z): NOK is not performing well either, no sign of a reversal yet.
- **阿米巴星人 · 2026-07-16T16:13:59.000Z**: Storage full cut?
  - **钢铁纪律** (2026-07-16T16:14:55.000Z): I'm not giving any advice, I'm just informing you that this has happened.
  - **阿米巴星人** (2026-07-16T16:18:58.000Z): Received.
- **小兔蹦蹦越挫越勇 · 2026-07-16T16:11:12.000Z**: Finally sold it. It's so painful😣
  - **钢铁纪律** (2026-07-16T16:25:08.000Z): Once the short positions are covered and bought back, it's all about following the rules.
  - **小兔蹦蹦越挫越勇** (2026-07-16T16:29:45.000Z): Okay, thanks Steel Brother.
- **凌风776 · 2026-07-16T16:08:17.000Z**: 1445 all cleared
- **牙签 · 2026-07-16T15:59:25.000Z**: The next support level is 1200, right?
  - **钢铁纪律** (2026-07-16T16:10:11.000Z): Still need to wait for today's close to see the closing price. If it pulls back at the close, it means the long position is still not effective; otherwise, it's a breakout.
  - **肉卷儿的交易员** (2026-07-16T16:14:25.000Z): If confirmed at the close, it might be 1400.
  - **留在牌桌就还有机会** (2026-07-16T16:39:19.000Z): What does 'pull back' refer to? How much is it pulled back?
- **千金钞集令 · 2026-07-16T15:56:53.000Z**: 1440 broke. Should we wait for the intraday situation before selling?
  - **钢铁纪律** (2026-07-16T15:59:55.000Z): Decisions need to be made by oneself.
- **三思又三思 · 2026-07-16T15:53:09.000Z**: The index barely moved, while individual stocks were dumped like crazy🤪, that's a good strategy too.
  - **钢铁纪律** (2026-07-16T16:11:02.000Z): Do you still remember last October-November? Many stocks fell by 60%, OKLO/SMR/CRWV/MSTR. This year it's the same trick again, just with a different batch of stocks.
  - **三思又三思** (2026-07-16T16:12:50.000Z): Whoever says you can't learn anything from U.S. stocks again, what's the difference between this and the A-shares market?
  - **钢铁纪律** (2026-07-16T16:14:29.000Z): I at least learned something, so I was highly vigilant when it reached 1900.
- **跟顾神反着买 · 2026-07-16T15:53:02.000Z · 👍 1**: I think we can add it, because even someone as strong as steel has been crushed🤣
  - **钢铁纪律** (2026-07-16T15:54:37.000Z): ?
  - **钢铁纪律** (2026-07-16T15:55:15.000Z): 我只是客观评述  你看不懂中文吗？ 如果不能拉回 就是失效
  - **北极冲浪** (2026-07-16T16:09:45.000Z): Don't violate discipline
- **袁朝 · 2026-07-16T15:51:14.000Z**: Has Micron broken through the support level, and at what price is it a good entry point?
- **时来运至 · 2026-07-16T15:49:41.000Z**: Got it, bro. To what position is it safer to pull back?
- **Melody_q9Io19 · 2026-07-16T15:49:37.000Z**: Is it over?
- **Margaretss · 2026-07-16T15:49:16.000Z**: But with a large amount of capital, it's very conflicting, looking forward to a deep V reversal.
  - **钢铁纪律** (2026-07-16T15:50:00.000Z): Decide for yourself; everyone's situation and position are different.