$SanDisk Corp.(SNDK)$ Memory chips can't really come online without infrastructure upgrades, and AI needs a lot of memory. That's why prices have gone through the roof. The next generation of processors will take a couple of years to become available. SanDisk seems to be the only company in a position to make money from this situation.
$SanDisk Corp.(SNDK)$ There seems to be a lot of shorts trying to cover positions they opened at $1,000 or lower a few months back. From my perspective, the stock could see a run-up as we get closer to the earnings date.
$SanDisk Corp.(SNDK)$ QQQ has logged 4 straight loss days, which is a rare occurrence—it almost never sees a 5th. The direction from here is tough to call. The movement is confusing; it may pop and then drop, or drop and then pop. The moves on the hyper-dash are too small to read clearly. Major support sits around 1,289. I'm assuming that's the level where the algos might flip bullish, though a reversal could happen before then, especially with Intel's earnings coming up and SanDisk's on August 6. I'm holding a significant position and am prepared to use all my leverage if it hits that support level, with a stop around 1,250.
$SanDisk Corp.(SNDK)$ It's moving higher into earnings, with the report set for 8/5/2026. The stock is substantially oversold, down 40% over the last two weeks and trading at a forward P/E of 5. From where I stand, shorts might consider taking some profits off the table before the earnings release. If someone was smart enough to short it at $2,354, they should be smart enough to cover at these levels.
$SanDisk Corp.(SNDK)$ The stock could potentially reach over $2,000 after earnings on August 5, which would be a worst-case scenario for bears. It seems heavily manipulated. The earnings estimates are available if you look for them.
$SanDisk Corp.(SNDK)$ $Micron Technology(MU)$ $SPDR S&P 500 ETF Trust(SPY)$ It's pretty wild to see the whole AI momentum in the US take such a hit recently, and it's largely traced back to Korean stocks like SK and Samsung. The main drivers seem to be local rebalancing laws and issues with highly leveraged trading over there. Honestly, it feels a bit odd that factors unrelated to the core strength and financials of so many AI companies can have such a heavy impact on the US trade. It's a strange situation to watch unfold.
For those focused on short-term moves, the 21-day EMA on the daily chart can be a useful reference point. A few stocks seem to be showing clearer risk/reward setups after recent declines: $SanDisk Corp.(SNDK)$ is down about 18% from its highs. $Micron Technology(MU)$ is down about 21%. $NEBIUS(NBIS)$ is down about 27%. $ARM Holdings(ARM)$ is down about 25%. The recent pullback has given the impression of a short-term reset for these names. From my perspective, the main thing to watch is how they behave around key technical levels and if there's any renewed buying interest. It often feels like solid c
We've been seeing one of the strongest memory moves in recent market history. After spinning off as an independent company in early 2025, $SanDisk Corp.(SNDK)$ spent a while consolidating before breaking out and entering a strong uptrend. The stock has had an extraordinary run, fueled by the AI infrastructure boom and renewed demand for memory. From a technical standpoint, it's notable how the price has respected short-term trend support. Recent pullbacks toward the 9 EMA have been quickly bought up, showing continued strength. The next major thing to watch for is a sustained break below key moving averages. Losing the 21 EMA would signal a more significant trend shift, which could affect the broader AI, data center, and memory space. For no
$SanDisk Corp.(SNDK)$ I'm keeping an eye on the $2800 level, with the next resistance around $4200. The long-term target I'm watching for is still $8500.