đ¨ $SNDK â THE AI STORY ISNâT OVER. THE CHART JUST GOT UGLY.
$SNDK is back under pressure after its recent explosive rally.
The stock is now sitting near a key support area, while investors digest the broader sell-off in AI and semiconductor names.
đ $SNDK â KEY LEVELS
$1,675 âââââ đĽ Reclaim
$1,626 âââââ đ Current area
$1,600 âââââ đĄď¸ Key support
$1,550 âââââ â ď¸ Breakdown risk
$1,500 âââââ đŻ Next support
Bull case: reclaim $1,675 â buyers could target $1,725.
Bear case: lose $1,600 â $1,550â$1,500 comes into focus.
Meanwhile, SanDisk has just unveiled new 2Tb QLC 3D flash technology aimed at the growing AI-storage market.
So this is the real question:
Is this just profit-taking after a huge rally â or the start of a deeper reset? đ
#SNDK #Sandisk #AI #Stocks #Trading #Semiconductors #StockMarket
$SNDK is back under pressure after its recent explosive rally.
The stock is now sitting near a key support area, while investors digest the broader sell-off in AI and semiconductor names.
đ $SNDK â KEY LEVELS
$1,675 âââââ đĽ Reclaim
$1,626 âââââ đ Current area
$1,600 âââââ đĄď¸ Key support
$1,550 âââââ â ď¸ Breakdown risk
$1,500 âââââ đŻ Next support
Bull case: reclaim $1,675 â buyers could target $1,725.
Bear case: lose $1,600 â $1,550â$1,500 comes into focus.
Meanwhile, SanDisk has just unveiled new 2Tb QLC 3D flash technology aimed at the growing AI-storage market.
So this is the real question:
Is this just profit-taking after a huge rally â or the start of a deeper reset? đ
#SNDK #Sandisk #AI #Stocks #Trading #Semiconductors #StockMarket