A new low was confirmed on day $SNDKB 30.
24h: -9.69%, current price: 1011.34, previous low: 1015.56.
Structurally, a new low means the bulls’ defense has been breached. On the rebound, first watch to see whether price can reclaim the previous low; if it can’t, the weakness is likely to continue, while reclaiming it could lead to a bottoming pattern. Share your take in the comments, and we’ll compare notes in a few days.
24h: -9.69%, current price: 1011.34, previous low: 1015.56.
Structurally, a new low means the bulls’ defense has been breached. On the rebound, first watch to see whether price can reclaim the previous low; if it can’t, the weakness is likely to continue, while reclaiming it could lead to a bottoming pattern. Share your take in the comments, and we’ll compare notes in a few days.
