---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/43449801.md"
description: "SNDK around 1830 is indeed a good spot to short, riding the C-wave decline; I missed it this morning due to other commitments.I can't calculate the depth of the pullback; there's significant randomness involved.The pullback has technical justification: after consecutive gap-ups, rising US Treasury yields have pressured tech stocks' financing costs and valuations.I'd suggest a range above 1550. Shorts who get filled below 1700 should watch the tape closely.If it stabilizes in this range without negative catalysts for the broader market, it could 酝酿 (brew) a new rally to challenge 1947.2 (the 70% retracement level of the previous drop).A break below 1550 would look very much like a bull trap driven by fundamental tailwinds—a classic 'pump and dump' scenario.My approach is dynamic: I don't predict direction or bluff. Bluffers love saying 'fundamentals are great,' listing endless data points while claiming long-term bullishness even after a 50% crash.Most retail investors use leverage and have strong gambling tendencies. High-beta stocks aren't suitable for leveraged long-term holds; it's better to wait for key levels to break out before judging the trend."
datetime: "2026-08-18T05:42:11.000Z"
locales:
  - [en](https://longbridge.com/en/topics/43449801.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/43449801.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/43449801.md)
author: "[钢铁纪律](https://longbridge.com/en/profiles/13301109.md)"
---

# SNDK around 1830 is indeed a good spot to short, r…


### Related Stocks

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

## Comments (48)

- **股市是训练场 · 2026-08-19T06:36:54.000Z**: Missed it, wait for the next opportunity
- **Shelleyoo · 2026-08-18T13:46:41.000Z**: Is SanDisk's 60-day moving average about to fall back after just crossing above it?
  - **钢铁纪律** (2026-08-18T13:47:57.000Z): We've reached the end of Wave 3 and are now in a shallow retracement for Wave 4, or a deeper decline in Wave C after completing Wave B.
  - **Shelleyoo** (2026-08-18T15:17:09.000Z): Has it turned into a C-wave decline?
- **HhhhHhH · 2026-08-18T11:14:20.000Z**: How did 1700 go up again?
- **jeff_sh · 2026-08-18T10:45:31.000Z**: Am I the only one bearish but can't afford to short? 😭🫪
  - **钢铁纪律** (2026-08-18T10:57:50.000Z): Also, don't go heavy on PUTs when you're bearish, as you'll easily get squeezed. Just shorting the underlying stock is enough.
- **做个快乐老头 · 2026-08-18T08:24:19.000Z · 👍 1**: The comment section has gone off-topic; it feels like the discussion is drifting from a "debate on methods" to "personal evaluations." 😅 Whether you should hold a stock or add leverage really doesn't depend on which camp the blogger belongs to—it mainly comes down to your own cost b
- **我在送钱 · 2026-08-18T08:19:59.000Z · 👍 2**: What do you have to do every day? Why did you miss out? Is there anything more important than bottom-fishing? 😅
- **优秀的达不刘 · 2026-08-18T07:17:26.000Z**: None of us are stock gods; we just do normal trend analysis, no mysticism. Who knows if it will rally again at the open? Short positions are only suitable for day trading.
  - **钢铁纪律** (2026-08-18T07:21:39.000Z): Shorting is only suitable for short-term positions.
- **期权重度爱好者 · 2026-08-18T07:11:42.000Z**: It really tests technical skills; just watching the pros in action 🫪
  - **优秀的达不刘** (2026-08-18T07:22:35.000Z): Yeah, just do some day trading (T) on the opening swings. I've made big profits and suffered big losses from shorting before. Hahaha.
- **躺平坐等回本 · 2026-08-18T06:39:07.000Z**: Could someone teach me how to place an order? I've tried for a few days.
  - **摸鱼炒股达人** (2026-08-18T06:39:27.000Z): Agent, bro
  - **蓁蓁** (2026-08-19T00:19:57.000Z): Global routing on the homepage: Proxy
- **coolllate · 2026-08-18T06:19:35.000Z**: Why is it 1550? Can't it reach around 1500?
  - **钢铁纪律** (2026-08-18T06:21:09.000Z): The drop has been too steep, so the momentum is off. I'm still treating it as a strong trend for now; the pullback is considered normal.
  - **coolllate** (2026-08-18T08:34:15.000Z): During previous strong periods, a 20% drop occurred repeatedly.
  - **钢铁纪律** (2026-08-18T08:36:53.000Z): This wave to 1800+ is already very strong; a true reversal must break 1947.2.
- **鑢七 · 2026-08-18T06:18:40.000Z**: Is it okay to start adding positions in SanDisk 1600?
  - **钢铁纪律** (2026-08-18T06:21:45.000Z): Even Trump doesn't know if it will drop to 1600 or 1500…
  - **鑢七** (2026-08-18T06:27:28.000Z): I'll watch as I go 😵‍💫 have already pulled out some funds via day trading
  - **coolllate** (2026-08-18T09:21:39.000Z): You can see that during the main uptrends in February, March, May, and June, SanDisk all pulled back by 20%.
- **樾然的交易员 · 2026-08-18T05:47:24.000Z · 👍 8**: You've even provided specific data, yet you still claim they're misleading? 🤣 Fundamentals are all about discussing industry trends and data. If you just want to focus on short-term trends, that's fine; there's no need to put others down. It's ridiculous.
  - **小兔蹦蹦越挫越勇** (2026-08-18T05:52:27.000Z): Aren't you also adding to the downside? You can easily check the AI fundamentals online 😅 Few people can pinpoint short-term levels as accurately as Steel Bro.
  - **钢铁纪律** (2026-08-18T05:52:59.000Z): I've been dollar-cost averaging into SPY and QQQ for years. SanDisk is in a completely different category.
  - **钢铁纪律** (2026-08-18T05:53:25.000Z): Because often stocks don't just pull back 10% or 20%; they plunge 50% or 60%. Bro, do you realize how misleading this is? Do you know how many people got margin-called?
- **半山外賣仔 · 2026-08-18T05:44:23.000Z · 👍 4**: The favorite line of those who bluff: "The fundamentals are excellent." They list a bunch of data and claim it's bullish for the long term, even if it drops 50%.
- **慕容刚子 · 2026-08-18T05:44:06.000Z**: Keep a close eye on steel,