$SNDK Storage earnings week is here—countdown to SanDisk’s earnings!

As I said on Saturday, the key level to watch is 1200. On Saturday night, broader market movements pushed the price below 1200 with a long wick, but it quickly recovered. This shows there is still support below. However, a rebound is not a reversal, and there is still selling pressure overhead. Earnings will be announced this week, so volatility is likely to be high.

For now, the focus is still on the 1200 level. Consider trying a small long position near 1200, and be sure to have your risk controls in place!!!

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