$SanDisk Corp.(SNDK)$ The stock has a lot of potential, and if not for the current geopolitical issues, it could be at $2600 heading into earnings in two weeks. I see this as a significant buying opportunity. I personally added positions in SNDK, MU, WDC, and SK Hynix last week, with a total investment of over $2.3 million. My view is that last week represented a market reset, and I believe the current setup is favorable. The principle of buying when others are fearful is one I follow, and that's what I did here.
$SanDisk Corp.(SNDK)$ Futures are holding steady, and oil didn't spike to $85. Bitcoin is moving higher. It's a bit surprising, but it doesn't seem like the end of the world. I think there's a chance for a decent rally this week.
$SanDisk Corp.(SNDK)$ I had to double-check the numbers to make sure this is SanDisk and not some money-losing scam. It looks like they have zero debt, and last quarter their profit was $10 million a day—including weekends and holidays. I think I'll hold.
$SanDisk Corp.(SNDK)$ This isn't buying advice. I'm watching for a potential move back up to the $1620 level, which is around the 50% Fibonacci retracement, but only if it can break through the resistance around $1485.
Technical setup update: it wouldn't surprise me to see $SanDisk Corp.(SNDK)$ make another push back toward the $2,000+ level. The key demand zone is still holding, with buyers stepping in consistently on pullbacks. As long as this support structure stays intact, the setup continues to favor a potential move higher. I'm watching for the next momentum breakout.
$SanDisk Corp.(SNDK)$ Earnings are on August 5th, and there have been triple analyst upgrades. From where I stand, there doesn't seem to be a reason to avoid buying on a dip.
$SanDisk Corp.(SNDK)$ $T-Rex 2X Long SNDK Daily Target ETF(SNDU)$ $Roundhill Memory ETF(DRAM)$ Saw Goldman Sachs on SanDisk. They've raised their price target to $3,100 and see upside potential to $4,000. Their note mentions the company's recently signed New Business Model (NBM) agreements. The updated model reflects committed revenues from five NBMs in total: three signed in FQ3 totaling around $42 billion in RPO, and two more deals signed early in FQ4 where the RPO balance hasn't been disclosed yet. Their estimate is that all five deals represent roughly $62 billion in minimum committed revenue over the next several years, with over $11 billion i
$SanDisk Corp.(SNDK)$ Leopold Aschenbrenner's Situational Awareness fund is making a significant move, acting as a cornerstone investor in SK Hynix's $28B Nasdaq IPO. This comes after notable investments in $Bloom Energy Corp(BE)$ , $NEBIUS(NBIS)$ , and SNDK. This multi-billion-dollar bet on AI memory seems like a substantial next step. The full AI bottleneck thesis and related charts are available on his profile.
The first to fall are often the first to recover, a pattern I've noticed before. Samsung and SK hynix led the semiconductor pullback, and now they appear to be leading the recovery for the KOSPI. $Micron Technology(MU)$ is back above $100, up over 8%. $SanDisk Corp.(SNDK)$ is up more than 9%, showing some renewed momentum. If memory names continue to reclaim key technical levels, it could signal the start of another leg higher for the AI hardware cycle. I'm watching the memory sector closely, as leadership often gives clues before the broader market catches on. These are at the top of my watchlist.
$SanDisk Corp.(SNDK)$ $Meta Platforms, Inc.(META)$ is catching a real bid after reports of multi-year flash memory supply deals to support its AI buildout. That's the kind of demand signal traders want to see: stronger visibility, tighter supply, and a direct link to AI infrastructure spending.
$iShares MSCI South Korea ETF(EWY)$ $iShares Semiconductor ETF(SOXX)$ $Micron Technology(MU)$ $SanDisk Corp.(SNDK)$ Korean memory stocks are bouncing from support, similar to the move we saw in U.S. memory names today. That offers some near-term stability for the broader memory sector. A range-bound trade over the next couple of months seems plausible until volume returns after the summer and activity picks up again. I took a long position off yesterday's lows and added a bit more today, aiming to position near the lower end of the range if it holds.
This one is starting to look quite interesting. It feels like a potential asymmetric setup, somewhat similar to the early moves in $SanDisk Corp.(SNDK)$ and $Micron Technology(MU)$ before the market fully priced in the cycle. I've been watching it after noticing how the momentum profiles resemble past winners like $Ondas Holdings Inc.(ONDS)$ at $1, $NEBIUS(NBIS)$ at $20, and $Rocket Lab USA, Inc.(RKLB)$ at $16. There's no confirmation yet, but the risk/reward structure is beginning to stand out if the narrative and flow continue to build. If liquidity