Posteo

$SNDK is turning green in pre-market. 👀 SanDisk bounced after a volatile session, and sentiment has shifted quickly. According to the position shared, the trade is now showing a 400% floating profit. Earlier in the day, semiconductor stocks were hit hard, with Micron falling more than 7%, triggering panic selling across the sector. Here's what likely happened: 📉 Thin liquidity during the Asian session made it easier for relatively small orders to push prices sharply lower. ⏳ With the Fed decision approaching, traders appeared to price in worst-case scenarios early, creating a shakeout before buyers stepped back in. If the market believes the Fed's tone will be less hawkish than feared, today's sell-off may prove to have been a liquidity sweep rather than the start of a new downtrend. The key now is whether pre-market strength holds through the US session after volume returns. NFA. DYOR. #FedRateDecision #BigTechEarningsNight #SKHynixRecordMiss $SNDK#DailyOrbit