SNDK$ Long | Profit-taking / planned pullback reached.
Finally SNDK entered the zone we marked—this is where the plan is tested, not just guessed. The trade is currently active, and it will not continue unless buyers keep absorbing selling-side pressure.
Trading plan:
- Entry: 1600.07000 – 1605.23000
- Target 1: 1621.24000 (R:R 1:0.7)
- Target 2: 1633.63000 (R:R 1:1.2)
- Target 3: 1652.22000 (R:R 1:2.0)
- Stop loss: 1577.86000
Why this setup?
- The setup is still valid because the 4-hour structure and the daily range align together inside the 1600.07000–1605.23000 pocket.
- The 15-minute RSI at 51 gives enough room for buyers to push upward, but the area must remain intact.
- Volume supports this move—1.39x with 4.83K versus 3.48K expected—so it’s not just noise.
Finally SNDK entered the zone we marked—this is where the plan is tested, not just guessed. The trade is currently active, and it will not continue unless buyers keep absorbing selling-side pressure.
Trading plan:
- Entry: 1600.07000 – 1605.23000
- Target 1: 1621.24000 (R:R 1:0.7)
- Target 2: 1633.63000 (R:R 1:1.2)
- Target 3: 1652.22000 (R:R 1:2.0)
- Stop loss: 1577.86000
Why this setup?
- The setup is still valid because the 4-hour structure and the daily range align together inside the 1600.07000–1605.23000 pocket.
- The 15-minute RSI at 51 gives enough room for buyers to push upward, but the area must remain intact.
- Volume supports this move—1.39x with 4.83K versus 3.48K expected—so it’s not just noise.