Things are getting interesting

Things are getting interesting around the current levels.

Following the recent pullback, the stock has been holding a key demand zone, with buyers stepping in. If this area continues to hold, I wouldn't be surprised to see another momentum move back toward $2,000+.

That said, strong stocks rarely move in a straight line. The next phase is about confirmation—watching volume, buyer strength, and whether $SanDisk Corp.(SNDK)$ can reclaim important resistance levels.

Fundamentally, the memory cycle is still tied to major AI infrastructure demand, including high-performance memory and data center expansion. The market will be watching to see if that demand can support the next leg higher.

For traders, the goal isn't necessarily catching the exact bottom. It's more about identifying when buyers are actually taking control.

AI memory remains one of the key themes I'm following.

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