$SNDK I've been keeping a close eye on this SanDisk stock lately.
On one hand, AI continues to expand, driving up data center demand for storage, and the company's fundamentals are solid;
On the other hand, the share price has plunged from its peak of 2373, and has also broken below its long-term uptrend line, signaling a clear weakening in the technical picture.
With such a divergence between fundamentals and technicals, I think it's worth watching closely to see whether things could turn around around the stock split.
On one hand, AI continues to expand, driving up data center demand for storage, and the company's fundamentals are solid;
On the other hand, the share price has plunged from its peak of 2373, and has also broken below its long-term uptrend line, signaling a clear weakening in the technical picture.
With such a divergence between fundamentals and technicals, I think it's worth watching closely to see whether things could turn around around the stock split.