$SNDK is moving fast, and this is where I’d be watching carefully.
Price: $1,812.96
Support: $1,780–1,800
Resistance: $1,850
Next target: $1,950–2,000
The important thing here is momentum. $SNDK has already made a powerful move, so chasing the green candle is not the part that interests me. I’m watching whether price can hold above $1,800 and then attack $1,850 with volume. A clean breakout above resistance could open the door toward $1,950 and potentially $2,000.
If $1,780 fails, I’d become much more cautious because a sharp rally can retrace quickly.
#ChinaJulyOutputRetailInvestmentAllMiss #CMESeptemberHikeOddsFallTo30.6% #IsraelStrikesLebanonKillsHezbollahCommander #CardanoSplitsDijkstraUpgradeIntoTwoPhases #SECReviewsSix3xLeveragedCommodityETFs
Price: $1,812.96
Support: $1,780–1,800
Resistance: $1,850
Next target: $1,950–2,000
The important thing here is momentum. $SNDK has already made a powerful move, so chasing the green candle is not the part that interests me. I’m watching whether price can hold above $1,800 and then attack $1,850 with volume. A clean breakout above resistance could open the door toward $1,950 and potentially $2,000.
If $1,780 fails, I’d become much more cautious because a sharp rally can retrace quickly.
#ChinaJulyOutputRetailInvestmentAllMiss #CMESeptemberHikeOddsFallTo30.6% #IsraelStrikesLebanonKillsHezbollahCommander #CardanoSplitsDijkstraUpgradeIntoTwoPhases #SECReviewsSix3xLeveragedCommodityETFs