I’m taking a small long position on $SNDK (SanDisk) to test the current move. The idea is to start with limited exposure and add only if the setup continues to develop as expected.
📌 Current Plan
🟢 Initial position: Small long
🔻 Stop-out level: Below $1,230
🔄 Re-entry zone: Around $1,150
🎯 Long-term targets: $1,500–$1,600
The key level to watch is $1,230. If price breaks and holds below this area, I’ll step aside rather than force the trade.
If the downside extends further and $1,100 breaks, the current setup will be considered invalid. In that scenario, I would wait for a much lower potential entry around $800 rather than chasing the price.
For now, this is a small test position with clearly defined invalidation levels. The bigger objective remains a potential move toward $1,500–$1,600 if the bullish structure develops.
Trade the levels, manage risk, and let the market confirm the direction. 📊🔥