WDC - Western Digital (SanDisk)

Short at bounce to $1,840-1,900 Fibonacci target.

SanDisk shows relative weakness, buy zone between 1250 and 1125. Huge technical support with Fibonacci 618, gap fills, and pivot lows. Waiting for further pullback to enter.

Fellow memory stock breaking down with similar cycle top thesis. Fibonacci support near $1245–1250.

Technical breakdown of uptrend, weak close at $164.5, expecting further downside to $149.3 support.

Shorting on retrace to $2025–$2050 level, breakdown of support.

Down with memory sector, but host notes it's climbing back.

Broken major technical support; weak close after gap up; down another $1 today; day-trade pivot at $1565-1570.

Same headwind from SK Hynix ADR listing; expects weakness in SanDisk and other memory plays.

SanDisk broke its trend line. Gareth notes a potential bounce around 1560-575 but expects further downside to 1275. He would only trade a quick bounce there.

Pulled back to 20% mark, leader in SSD/nan memory, opportunity to benefit from AI infrastructure buildout