Volume surged and chewed through the level that had rejected it five times. The breakout volume was 1.5 times the average, and the chart pattern is flawless. But 1,384 is just three points overhead, and above that, 1,390 is where it previously found support and has now turned into resistance. I’ll give it credit for breaking out, but whether it can hold is another matter—at a spot like this, it’s easy to get a quick spike up before it pulls back. $SNDK
