The big question: Is this the ultimate Gold Pit entry or a short trap designed to lure you right before the floor drops again?
$SanDisk Corp.(SNDK)$ leads the charge jumping 26% in a single day , breathing life back into the entire hardware & memory sector.
Just like SK Hynix, San Disk's rally reminds us that the AI revolution cannot exist without massive memory infrastructure.
There is a big temptation to rush on FOMO urges but it is wise to exercise caution.
I would wait for 48 hours to see if San Disk & the storage peers can hold these newly reclaimed support levels on steady institutional volume.
It is likely that the 26% vertical spike in SanDisk is the classic signature of a short squeeze. This is when panicking bears are forced to buy back shares at any price to cut their losses.
Let's not forget Kevin Warsh's hawkish stance.
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