$SNDK Short (Downtrend Continues)
The 1-day chart shows a clear sequence of lower highs (2380 -> 1827 -> 1909 -> 1645). The 4-hour chart confirms the broader downtrend. The current rise is merely a V-shaped rebound within a larger bearish structure, and the rebound is approaching heavy overhead resistance.
🔴 Short Scenario (Preferred)
· $SNDK Short entry: 1650 - 1680 (resistance zone)
· Stop loss: Above 1730
· Take profit:
· TP1: 1600 (immediate psychological support)
· TP2: 1584 (recent sharp-drop low)
· TP3: 1504 (previous major structural low)
Support me by trading here 👇#sndk #sandisk
The 1-day chart shows a clear sequence of lower highs (2380 -> 1827 -> 1909 -> 1645). The 4-hour chart confirms the broader downtrend. The current rise is merely a V-shaped rebound within a larger bearish structure, and the rebound is approaching heavy overhead resistance.
🔴 Short Scenario (Preferred)
· $SNDK Short entry: 1650 - 1680 (resistance zone)
· Stop loss: Above 1730
· Take profit:
· TP1: 1600 (immediate psychological support)
· TP2: 1584 (recent sharp-drop low)
· TP3: 1504 (previous major structural low)
Support me by trading here 👇#sndk #sandisk