$SNDK Extremely strong downtrend, with prices continuing to break below key support zones, setting a new low at 1411, followed by a weak technical rebound
· Current price of 1446 is below EMA9 (1470-1490) and EMA21 (1520-1550)
· EMA9 and EMA21 are trending sharply downward and diverging, indicating immense selling pressure
$SNDK Short setup (80% preferred)
· Short entry: 1470-1500 (retest of EMA9 and lost support)
· Stop loss: Above 1530
· Take profit 1: 1411 (most recently established low)
· Take profit 2: 1380 (Fibonacci extension target)
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· Current price of 1446 is below EMA9 (1470-1490) and EMA21 (1520-1550)
· EMA9 and EMA21 are trending sharply downward and diverging, indicating immense selling pressure
$SNDK Short setup (80% preferred)
· Short entry: 1470-1500 (retest of EMA9 and lost support)
· Stop loss: Above 1530
· Take profit 1: 1411 (most recently established low)
· Take profit 2: 1380 (Fibonacci extension target)
Support me by trading here 👇 #sndk #sandisk