AiCoin Live: Flash Memory Stocks Surge, SpaceX Near IPO Price, Can SanDisk Sustain Its Uptrend?

Click the link to join the meeting: https://meeting.tencent.com/dm/K3i4PhYDKPsG Guys, we’re going live tonight at 8 PM sharp. BTC continues to trade sideways between $64,000 and $65,000 today, while ETH hovers around $1,900. But beyond the charts, SanDisk (SNDK), SK Hynix (SKHY), and SpaceX (SPCX) are drawing massive capital inflows. Today, we’ll break down the technical structures of these three stocks—not how much they’ve risen, but whether they can keep rising, where to catch them on pullbacks, and where they might fall if they stall. 【First: SanDisk (SNDK) — 63% rebound in two weeks, now in overbought territory】 SanDisk rose another 5.6% yesterday, with its current price breaking above the Bollinger Band upper band at $1,625, officially entering overbought territory. Trend structure: Since the low of $689.59, the daily chart has formed a clear uptrend channel. The MA60 and MA120 have flattened and turned upward, signaling a shift from bearish to bullish medium- to long-term momentum. After a bullish MACD crossover below zero, the histogram has continued expanding; RSI shows a healthy bullish alignment without extreme overbought conditions, accompanied by moderate volume growth and net inflows of $26.44 million. Bollinger Band signal: The current price has breached the upper band ($1,620), entering overbought territory—indicating strong short-term momentum but also accumulating downside pressure. The middle band at $1,577 serves as short-term support; if price retraces without breaking it, this is a healthy correction. A break below the middle band could trigger a wave of profit-taking. Key support and resistance: First resistance zone: $1,580–$1,600 (August 13 intraday high + high-volume zone from late July); second resistance: $1,700–$1,800. Support levels: $1,440–$1,460 (first support) and $1,390 (second support). The short-term structure has broken upward from the previous consolidation range of $1,190–$1,350. However, today’s sharp single-day gain increases near-term correction risk. A healthy path would be a volume-declining pullback to $1,440–$1,460 without breaking it, followed by a renewed breakout above $1,585 to confirm the next leg up. 【Second: SK Hynix (SKHY) — Four consecutive up days, just broke trendline】 Trend structure: According to IBD analysis, SK Hynix is forming the right side of a short-term consolidation pattern, with a buy point at $194.80 (the all-time high set on July 14). But more importantly—on Thursday, August 13, it broke above both its trendline and recent highs, meeting IBD’s criteria for entering “actionable” territory. It surged 7.3% that day. Key support and resistance: Resistance above: $167–$170 (recent highs + IPO price zone); breakout target: $177. Support below: $145–$149; further down: $135–$140. SK Hynix has just completed a trendline breakout combined with a four-day rally. It’s “cooler” than SanDisk—RSI is still only at 33. But the true trend confirmation lies above its all-time high of $194.80. Until then, treat it as a rebound. A pullback to $145–$149 without breaking it remains a reasonable observation level. 【Third: SpaceX (SPCX) — $144.50, just above IPO price】 Trend structure: After listing, it surged to $225 before crashing to $108. It’s now rebounding to $144.50—just slightly above its IPO price of $135. The key question: This isn’t the start of a bull market—it’s a recovery bounce after a steep decline. The overall downtrend hasn’t been fully reversed yet. Key support and resistance: Short-term first support: $135–$138 (IPO price—if broken, the rebound ends). Resistance above: $152–$156 (dense overhead resistance zone). For a true strength breakout, it must hold above $170 on strong volume. On the 4-hour chart, a rounded bottom pattern has formed with a low at $104.85; the neckline target is $172.39. After lock-up expiration, there was no panic selling; short interest dropped from a peak of 34% to 11%, reflecting sentiment recovery after negative catalysts faded. However, the company is still massively unprofitable (Q2 revenue: $7.8B; capital expenditures: $18.3B); multiple future lock-up expirations remain, creating persistent long-term selling pressure. If it fails to break above $152–$156, it will remain range-bound; only a strong breakout above $170 signals trend reversal. 【Summary of Technical Signals】 SanDisk has surged beyond the upper Bollinger Band—clearly overbought in the short term. Chasing highs carries risk; wait for a pullback to $1,440–$1,460 without breaking it. SK Hynix has just completed a trendline breakout with strong momentum; RSI is still low at 33—much “cooler” than SanDisk—but true confirmation requires breaking above its all-time high of $194.80. SpaceX is stuck between its IPO price and the $152–$156 resistance zone—neither up nor down. Only a strong breakout above $170 confirms trend reversal; failure means continued range-bound trading. The technical behavior of these three stocks stands in stark contrast to BTC and ETH—storage chips and SpaceX are surging while BTC remains flat. Global risk capital is finite; money flowing into storage stocks and SpaceX means less capital available to push BTC higher. This structural shift in capital flows deserves everyone’s attention. Disclaimer: The above content reflects only the author’s personal views and is intended solely to assist investors in understanding relevant capital market information. It does not constitute any investment advice nor represent the official stance or opinion of AiCoin. Investing carries risk—proceed with caution.