I couldn’t resist opening the market charts again after 2 a.m. $SNDKB was up 19.39% on the day, trading at 1,005.8—just shy of its 24-hour high of 1,011.1.
Honestly, watching it climb all the way from 842.43, with 24-hour trading volume reaching $80.4M, must be rough for anyone who hasn’t gotten in: chase it now, and you risk getting stuck near 1,011.1; don’t chase it, and you risk watching it break through in one go. Volume has picked up too, so this isn’t a rally with no buyers behind it.
I’m leaning toward watching for a long entry, but I wouldn’t chase it here. I’d wait to see if it stabilizes around 926.78 (the 24-hour midpoint) on a pullback. If it drops below 842.43 (the 24-hour low), I’d change my mind. Bias: watch for a long entry. Reference range: 926.78–1,005.8. Target: around 1,124.3 (based on a 1.5 risk-reward ratio). Risk level: high.
At 1,005.8, would you wait for a pullback to 926.78 before making a move, or would you rather risk missing out?
For reference only, not investment advice. Please manage your position size.
$SNDKB
#SNDKB #TradingOpportunity
Honestly, watching it climb all the way from 842.43, with 24-hour trading volume reaching $80.4M, must be rough for anyone who hasn’t gotten in: chase it now, and you risk getting stuck near 1,011.1; don’t chase it, and you risk watching it break through in one go. Volume has picked up too, so this isn’t a rally with no buyers behind it.
I’m leaning toward watching for a long entry, but I wouldn’t chase it here. I’d wait to see if it stabilizes around 926.78 (the 24-hour midpoint) on a pullback. If it drops below 842.43 (the 24-hour low), I’d change my mind. Bias: watch for a long entry. Reference range: 926.78–1,005.8. Target: around 1,124.3 (based on a 1.5 risk-reward ratio). Risk level: high.
At 1,005.8, would you wait for a pullback to 926.78 before making a move, or would you rather risk missing out?
For reference only, not investment advice. Please manage your position size.
$SNDKB
#SNDKB #TradingOpportunity