💿 SanDisk +5.76% completing the semiconductor trifecta today. Storage is back.
$1,344.29 with a clean break above SMA5/10/20. RSI at 47 is neutral-bullish with plenty of room. Volume at normal levels (0.98x) — this isn't a one-day pop, this is trend continuation.
Still 42.4% below its 3-month high, which means if the storage/memory cycle turn is real, we're still early innings. SNDK benefits from both enterprise storage demand (AI data centers) and consumer recovery.
📋 Key Levels:
Support: $1,271 (SMA5) / $1,016 (3-month low)
Resistance: $1,663 (SMA50) / $2,050 (major zone)
SMA50 at $1,663 is the line in the sand. Above that = confirmed uptrend.
Storage or compute — where's the bigger opportunity in AI? 🤔
#SanDisk #Semiconductors #DYOR
⚠️ Not financial advice. DYOR. Always do your own research before trading.
$1,344.29 with a clean break above SMA5/10/20. RSI at 47 is neutral-bullish with plenty of room. Volume at normal levels (0.98x) — this isn't a one-day pop, this is trend continuation.
Still 42.4% below its 3-month high, which means if the storage/memory cycle turn is real, we're still early innings. SNDK benefits from both enterprise storage demand (AI data centers) and consumer recovery.
📋 Key Levels:
Support: $1,271 (SMA5) / $1,016 (3-month low)
Resistance: $1,663 (SMA50) / $2,050 (major zone)
SMA50 at $1,663 is the line in the sand. Above that = confirmed uptrend.
Storage or compute — where's the bigger opportunity in AI? 🤔
#SanDisk #Semiconductors #DYOR
⚠️ Not financial advice. DYOR. Always do your own research before trading.