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ilham_BNB
Yes, $1,750–$1,800 is a plausible upside zone, but I wouldn’t assume SNDK will move there in a straight line.
SanDisk’s Investor Day was genuinely bullish: management projected mid-to-high-teens annual revenue growth for FY2028–2030, around 80% adjusted gross margins, and highlighted multiyear customer contracts. The stock jumped about 14% Thursday and continued higher in pre-market Friday.
For the move you're describing, I’d think in scenarios:
$1,550–$1,600: important area to hold after the initial surge.
$1,650–$1,700: momentum/psychological zone.
$1,750–$1,800: reasonable next upside area if buyers maintain strong volume.
Failure to hold the breakout: could trigger profit-taking and a sharp retracement because SNDK is extremely volatile.
There are also analyst targets above $2,000, including JPMorgan's $2,250 target, but those are longer-term expectations—not evidence that SNDK must reach $1,800 today.
So I wouldn't try to predict “gap up or dip first.” After a move this large, either is possible. The more useful signal is whether the stock holds the breakout after the opening volatility.
And if someone has already closed a position, chasing the next candle just because it keeps rising can be especially risky.
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