After the excitement, which level should SanDisk watch next?? #SNDK
Currently at 1773, after an early rally to the 1797 high, it met resistance and pulled back noticeably.
If it retests the 1760-1765 range and stabilizes, a long position can be considered; stop-loss below 1750.
Short-term target: 1788-1797; only a breakout opens up room for new highs.
If it retraces to the strong support zone of 1740-1750, then consider positioning, with defense at 1732.
Important reminder
1. If it rebounds directly upward without giving a pullback entry, do not chase higher; just give up the long opportunity.
2. If 1750 is broken decisively, do not buy the dip; the upward momentum is weakening.
$SNDK
Currently at 1773, after an early rally to the 1797 high, it met resistance and pulled back noticeably.
If it retests the 1760-1765 range and stabilizes, a long position can be considered; stop-loss below 1750.
Short-term target: 1788-1797; only a breakout opens up room for new highs.
If it retraces to the strong support zone of 1740-1750, then consider positioning, with defense at 1732.
Important reminder
1. If it rebounds directly upward without giving a pullback entry, do not chase higher; just give up the long opportunity.
2. If 1750 is broken decisively, do not buy the dip; the upward momentum is weakening.
$SNDK
