$SNDK this is why I’m leaning SHORT.
The chart looks weak, but the range is still holding. That’s what makes this interesting.
I don’t want to chase the move down. I want to enter near the 1718 area and see if sellers can finally break the range.
Entry: 1718.119 – 1718.581
TP1: 1711.325
TP2: 1706.642
TP3: 1699.618
SL: 1727.716
I’ll take some profit at TP1 and move the stop to entry.
Conviction is moderate, so keep the size light.
Simple plan: if the range breaks, SNDK could move lower. 🔻
The chart looks weak, but the range is still holding. That’s what makes this interesting.
I don’t want to chase the move down. I want to enter near the 1718 area and see if sellers can finally break the range.
Entry: 1718.119 – 1718.581
TP1: 1711.325
TP2: 1706.642
TP3: 1699.618
SL: 1727.716
I’ll take some profit at TP1 and move the stop to entry.
Conviction is moderate, so keep the size light.
Simple plan: if the range breaks, SNDK could move lower. 🔻
