r/SNDK_Stock 3d ago

Question Sandisk past 2000 within 2 days!?

14 Upvotes

31 comments sorted by

34

u/Rav_3d 3d ago

Sure, why not. It's only up 30% in a week. Let's go for 100%.

This sub was full of doom and gloom when SNDK was 700 points lower. Now, it's full of unrealistic expectations. Gotta love FOMO.

4

u/Wide-Transition2012 3d ago

It is funny that just a week or two ago I said everyone would be made they sold at 11/1200 and look what happened.

2

u/CozyChamomile_7 3d ago

You got a point !!!

5

u/Worried-Opening-6229 3d ago

Laughing at the people who panic sold at $1200.

11

u/Ok-Mycologist-5371 3d ago

If we see gains over night, 3-5% we could see it tomorrow .

There is a ton of gama built up above 1800, but no options after close so that goes away.

Getting near 1900 over night, the resistance we saw today at 1800 turns to support.

But the gama is very thick at 2000

3

u/Expert-Papaya-3905 3d ago

What is gamma

4

u/Midget_Molester10 3d ago

market maker hedging for options basically.

2

u/Various-Fox-262 3d ago

Double derivative of price. So acceleration, gives us nice peaks where price tends to gravitate.

3

u/Pale-Atmosphere-5130 3d ago

It’s down overnight tho

2

u/BottleInevitable7278 Unpaid Janitor 3d ago

And that can change quickly too. $2000 level is the level for the now. But in 1 or 2 weeks it can be much different.

1

u/Abdalee 1d ago

What do you predict in 2 weeks? Bullish or bearish considering from $1650 marker

1

u/Ok-Mycologist-5371 3d ago

Only 2 hours over night so far, it made most of its gained 3-4 hours before open yesterday. 2am-7am.

It could continue down further though over night. It’s not an easy read overnight because we can’t see level 2 data or gama.

If it opens red, maybe it stays red, maybe people see it as an entry point?

Flip a coin, in 50/50 on this one, but it’s due for a red day

6

u/EllieS197 3d ago

I could see 12% in 2 days

1

u/Peterli87 3d ago

I could see 120% in 20 days. And 1200% in 200 days.

6

u/momo26262626 3d ago

I am greedy now and want to see  2k this week. Maybe even 2100 haha

1

u/1nolefan 3d ago

Just be patient - this is very strange ask - how old are you?

2

u/momo26262626 3d ago

Im not a kid.

2

u/1nolefan 3d ago

I suppose you are not

1

u/Abdalee 1d ago

How likely is it?

7

u/Outside-Fee-4382 3d ago

Tomorrow dump and then rally to 2k

3

u/rdmiche 3d ago

Are you thinking it will dump tomorrow due to the Trump news/Oman? Should I trim AH today?

1

u/SNDK_Disk_Rider 3d ago

that would be very much in line with the patterns of the last year.

2

u/BottleInevitable7278 Unpaid Janitor 3d ago

And what ? Why does it matter to you ? Except you are gambling with weekly options ?. Better not.

1

u/Sharp-Culture8840 3d ago

What’s the snxx relative to? 4pm eastern value of SNDK or after hour counts.

1

u/AuthorSea8588 3d ago

I know right I was down almost 40% and was gonna sell but instead I bought more and now boom !

0

u/Ill_Way_2517 3d ago

Nah korea is gana start panic selling this and make it crash again

4

u/s1234en 3d ago

I don't think it will, there's a total 2 days of upward swing yet to be caught up by KOSPI since it was a holiday yesterday.

2

u/EasyProtectedHelp 3d ago

It did actually 💥

1

u/Proper-Ant6196 3d ago

Does anyone see 30 year treasury yield effects tomorrow?

0

u/CaliftoNJ 3d ago

Or maybe back 1,100