#SNDK This is definitely not a reversal signal! There are an extremely large number of shorts holding positions for a squeeze! There are very few people going long from such a high level. It won’t give the shorts a chance to trap and then let them escape their positions. If the market reverses, it will just be a plunge and a heavy dump. As of now, clearly it’s not happening—during the rise, the 15-minute candlesticks have gained over a hundred-plus points. This kind of market is continuously luring shorts with a fake drop. The stop-loss price at 1799 is rock solid!
