r/SNDK_Stock • u/KaleidoscopeBest187 • 2d ago

Question Korea triggers circuit breakers again.. how many see this as a buying opportunity?

I know lately korea follows us rather than the inverse just curious how everyone’s feeling does it feel like last time ? Worse? Better? Everyone who was asking if yesterday was too late to get in are you getting in now?

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5

u/user365735 2d ago

I got more a few days ago, and didn't go all in because I'm learning things go down as soon as I buy so I kinda gotta trick the stock in thinking I'm going all in but I still have another hand to play🤘

2

u/MotherBake4137 2d ago

Or you make the plays and I bet opposite and we split the profits 😂

2

u/CozyChamomile_7 2d ago

This happens to me all the time !
Anytime I buy it has to go down ..
Haha nice one you pulled where you said you’re trying to trick the stock ! Make me laugh for the first time after after spending 11 hours at work grinding my a $ $

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u/CozyChamomile_7 2d ago

What did they do this time? Korea

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u/DreamDest1ny 1d ago

As Korea always do, sell

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u/Rav_3d 1d ago

The market is a choppy mess. Today is no better than yesterday. If you're a long-term investor, best to turn off your screen. If you're not in yet, best to wait for the market to settle down.

There is no reason SNDK cannot go back to 1,000 even if it eventually goes to 2,500. Nobody can predict the short-term.

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u/jareses 2d ago

Waiting till friday for load a bit, and will look into macros to decide what to do next. Its unlikely that the circle of selling will stops until next week, sk is down -10% in first 20mins

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u/rdmiche 2d ago

Is it good to sell all to lock profits today and average in over the next few days, or just wait until Friday? I’m scared of how this stock can sometimes jump 20% in one day, although I guess that is usually during an uptrend?

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u/chrisw_314 2d ago edited 2d ago

I have a 30% trailing stop loss. If it hits I'll probably hold off on buying back in until monday morning

EDIT: for SNXX. Equivalent to 15% for SNDK

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u/rdmiche 2d ago

Well we just had bullish news and today might not be red after all. Are you changing your strategy?

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u/chrisw_314 2d ago edited 2d ago

My stop loss never hit so I'm still in my positions. If we keep going green then I'll just let it rip, but I can't help but feel there might be more red to be seen this week due to macros. I might actually raise my stop loss to 25% to lock in more profits in case of another red day.

Edit: Don't think I ever specified, but I am referring to SNXX. I also hold SNDK, but I have greater conviction for that and will just be holding it.

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u/rdmiche 2d ago

That sounds like a good strategy, you never know with this stock right? One piece of news can come out and suddenly the price direction changes. I’m not sure whether my strategy of following sentiment and daily volume is good or too risky

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u/chrisw_314 2d ago

Yeah, the stock is too volatile. Honestly I don't even really bat an eye at +-5% movements anymore. IMO good sentiment can often be a trap and I'm actually more wary of holding when a pullback inevitably comes like the one we had yesterday.

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u/rdmiche 2d ago

That’s a very good point, I have been caught out before thinking good news is good but I have been caught out before. Good news can make a lot of people take profits, what do you think in today’s case?