🚨 **$SNDKB REBOUND SETUP — BUT WATCH THE FED 👀**
SanDisk ($SNDK) is facing heavy selling pressure today as semiconductor stocks slide with the Nasdaq. 📉
The interesting part? After this sharp pullback, a **technical rebound could develop** if buyers step back in and the stock starts reclaiming key intraday levels. 📈
But there’s a major risk: the Fed decision is coming **Sept. 15–16**, and markets are now increasingly pricing a **25 bps rate hike**, not a simple hold. That could keep pressure on growth and tech stocks.
🔥 **My view:** Don’t chase the first green candle.
Wait for **volume + price confirmation** before calling a real reversal.
👀 **What do you think?**
🟢 Rebound incoming
🔴 More downside first?
#SNDK #SanDisk #Nasdaq #Stocks #Fed #MarketAnalysis #Trading
What do you think ?
SanDisk ($SNDK) is facing heavy selling pressure today as semiconductor stocks slide with the Nasdaq. 📉
The interesting part? After this sharp pullback, a **technical rebound could develop** if buyers step back in and the stock starts reclaiming key intraday levels. 📈
But there’s a major risk: the Fed decision is coming **Sept. 15–16**, and markets are now increasingly pricing a **25 bps rate hike**, not a simple hold. That could keep pressure on growth and tech stocks.
🔥 **My view:** Don’t chase the first green candle.
Wait for **volume + price confirmation** before calling a real reversal.
👀 **What do you think?**
🟢 Rebound incoming
🔴 More downside first?
#SNDK #SanDisk #Nasdaq #Stocks #Fed #MarketAnalysis #Trading
What do you think ?