SK hynix Inc. Commentator
Likes ReceivedWhen storage/optics are strong, capital flows into storage; cloud providers are currently not an option.
Storage needs to pull back before the cloud sector has a chance; it's just a seesaw effect.
Go with the flow.
For long-term opportunities, focus on BTC and gold. Gold was mentioned at 4100 and did rise somewhat, but I was too slow and will continue to wait.
BTC also needs to endure until year-end; look for entry points when no one is interested.
SNDK faces resistance starting around 1800. Short-term traders should keep a close watch. The general trend aligns with my posts from the weekend/morning.
When storage/optics rise, everything else falls; when storage/optics fall, everything else thrives.
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