The first time was a distributed limit order that was fully filled; the position was large, and the take-profit was set too early, as the strategy was betting on a short-term move rather than a trend reversal, making the position too big to hold. Let’s briefly review the characteristics of these three moves: the first rebound was the strongest, reaching 1950; the second only reached 1650; for the third, I decided not to chase it at 1500 and instead look for support levels in May. SanDisk’s three rebounds perfectly illustrate the classic pattern from Cao Gui’s Analysis of War: “one surge, then decline, then exhaustion.”