SanDisk’s output is about to be released. Right now the army and the air force are both being more cautious. Trading volume is quite low, and we’ve also reached the pressure-line position at the descending channel.
From analyzing the whole market, overall the long side has the advantage. A support line has basically been formed in the middle of the channel. It’s hard for the short side to keep the descending channel moving. The battlefield analysis suggests a positive outlook—more favorable for a breakout. But we should still take a cautious approach: wait until the price holds above the pressure line, then go long. #SNDK
$sndk
From analyzing the whole market, overall the long side has the advantage. A support line has basically been formed in the middle of the channel. It’s hard for the short side to keep the descending channel moving. The battlefield analysis suggests a positive outlook—more favorable for a breakout. But we should still take a cautious approach: wait until the price holds above the pressure line, then go long. #SNDK
$sndk
