What does everyone think, will $SNDK SanDisk break through 1447 and continue to rebound after the 4 PM earnings report, or will it face pressure and pull back downward?

$SNDK Sandisk Evening Market Observation Sandisk is in a rebound correction phase after a sharp decline, with significant bearish pressure still present. Evening key ranges: resistance at 1447, 1478; support at 1358, 1343. Only a volume-backed hold above 1447 can continue the rebound; multiple attempts to break 1447 without success will likely result in pressure and a pullback. Do not chase the rebound rally, strictly control position size, and manage risk well. ⚠️This is only a personal market review and does not constitute trading advice. Contract leverage carries extremely high risk.

Net asset value plummeted, mentality completely collapsed, the path to break even is increasingly uncertain A week ago, the net asset value peaked at 507.01, now only 199.47 USDT remains, a 32.97% drawdown in one week. The funds painstakingly accumulated over time have been continuously shrinking in just a few days. Watching the curve drop all the way down, the mentality is completely overwhelmed. Reviewing the fatal issues during this period: 1. Always aiming for long-term goals, unwilling to take partial profits when floating gains appear, resulting in multiple profit roller coasters and eventually giving all profits back; 2. Holding positions against the trend with illusions, the market gave exit opportunities but clung to luck and refused to exit, causing losses to continue to expand; 3. Eager to break even, emotionally overtrading frequently, the more chaotic the trades, the easier it is to keep enlarging losses. Now caught in a dilemma, rushing to break even will only make it easier to be harvested by the market. Plan to slow down temporarily, reduce opening position frequency, calmly sort out trading ideas, and no longer blindly enter the market to gamble. While running a small braised food stall steadily, slowly adjust trading mentality, stabilize first, then talk about breaking even. ⚠️Personal real trading insights only, not trading advice, contract leverage carries extremely high risk

A weekly net value plummeted 32.97%, dropping from 507 to 294. The profits earned from staying up late can't withstand several rounds of adverse market movements. In the futures market, greed and luck are the biggest sources of losses. Reduce ineffective positions, always prioritize risk control, and readjust your strategy to slowly recover. $SNDK #AMD财报超预期，增长已被透支？

SanDisk $SNDK Current Market Outlook SanDisk is currently maintaining a range-bound consolidation pattern on the 15-minute chart. The current price is 1289, pressured below the Bollinger Bands middle line at 1296, with the MA10 moving average also forming resistance above. Key Range Analysis Resistance: 1296 (short-term strength/weakness dividing line). Only by holding above this level is there a chance to test 1321; continuous pressure and failure to break through will likely cause the price to fall again. Support: 1270. Once this level is effectively broken, downward space will open up. The STOCHRSI indicator is in a neutral position, currently showing no clear one-sided signal. Short-term back-and-forth spikes and oscillating tug-of-war will be the norm. Trading Strategy In a consolidating market, chasing highs or selling lows is most to be avoided; do not heavily bet on breakouts. To go long, wait to hold above 1296 to confirm bullish strength; to short, watch for pressure and stagnation signals at 1296. Regardless of the side, entry must be accompanied by proper risk management, as volatility can sharply increase after a breakout at the end of consolidation. ⚠️ This is only a personal market review and does not constitute trading advice. Contract leverage carries extremely high risk