Just now, SKHY hynix and SanDisk SNDK surged—didn't you react in time? Short sellers must be buzzing with their heads, but don't worry, let's analyze this!
A rapid rebound of nearly 10% in just one hour! This round of deposit stock rebound was directly catalyzed by SKHY.
The company plans to invest about 40 trillion KRW to repurchase and cancel approximately 24.07 million shares, accounting for about 3.3% of total share capital, and has committed to using at least 50% of accumulated free cash flow for shareholder returns from 2025 to 2027.
SKHY's willingness to expand production while simultaneously investing huge funds to buy back shows that management believes HBM and DRAM can continue to generate cash flow.
In other words, the storage market is at least not as bad as the market had previously feared, and funds subsequently spread this logic to MU, WDC, and SNDK.
From here on, let's look at the strength and weakness of each stock:
SKHY is looking for $150.
After holding the line, it will regain the $165 to $170 range, with a target of $180, then the previous high of $190 to $195; A break below $149 to $150 indicates that buybacks can only cushion the downward trend and are not enough to reverse market expectations.
SNDK is targeting $1650 and $1750.
Only after breaking through $1750 will there be a chance to test the $1800 to $1830 range; If volume increases and it holds above $1830, the main rally will be considered to be recovering.
Conversely, a break below $1650 indicates that this round of rally is still leaning toward oversold recovery; if $1600 is breached, a second pullback should be avoided $SNDK$SKHY
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