๐ฅ $SNDK โ THE REAL TEST IS AROUND 1700. ๐๐
$SNDK has already been rejected twice near 1650, so Iโm not calling this a breakout just yet.
The big question now is simple:
๐ When the U.S. market opens, do buyers have enough strength to push through 1650โ1700?
Orโฆ
๐ Does this extended rally finally start cooling off?
The move has been powerful, and a lot of shorts were already squeezed around 1550. That creates a very one-sided setup.
If $SNDK pushes toward 1700 but fails to hold the breakout, Iโll be watching closely for signs of profit-taking and a possible short setup.
โ ๏ธ But Iโm not chasing the top. A strong trend can stay irrational longer than expected.
For me, the key signals are:
๐ 1700 breaks + volume holds โ bulls remain in control.
๐ 1650 rejects + selling volume increases โ pullback becomes more interesting.
The chart doesnโt need to predict the future.
It just needs to show us what buyers and sellers are doing.
Would you short $SNDK near 1700, or wait for confirmation first? ๐
Not financial advice. Manage risk.
SNDK SanDisk Stocks Trading Semiconductors AI NAND WallStreet MarketStructure DailyOrbit#Writ2Earn
$SNDK has already been rejected twice near 1650, so Iโm not calling this a breakout just yet.
The big question now is simple:
๐ When the U.S. market opens, do buyers have enough strength to push through 1650โ1700?
Orโฆ
๐ Does this extended rally finally start cooling off?
The move has been powerful, and a lot of shorts were already squeezed around 1550. That creates a very one-sided setup.
If $SNDK pushes toward 1700 but fails to hold the breakout, Iโll be watching closely for signs of profit-taking and a possible short setup.
โ ๏ธ But Iโm not chasing the top. A strong trend can stay irrational longer than expected.
For me, the key signals are:
๐ 1700 breaks + volume holds โ bulls remain in control.
๐ 1650 rejects + selling volume increases โ pullback becomes more interesting.
The chart doesnโt need to predict the future.
It just needs to show us what buyers and sellers are doing.
Would you short $SNDK near 1700, or wait for confirmation first? ๐
Not financial advice. Manage risk.
SNDK SanDisk Stocks Trading Semiconductors AI NAND WallStreet MarketStructure DailyOrbit#Writ2Earn