$SNDK (NASDAQ) — The $6.46K short liquidation at $948.53 indicates short-covering activity. SNDK closed near $977.69 on November 11, gaining 13.69%, but is showing bearish technical signals despite the recent recovery. Immediate support is around $928, while resistance is near $1,019. ChartMill +2
EP: $945–$970 (Long after bullish confirmation) TP1: $1,000 TP2: $1,019 TP3: $1,060 SL: $920
A confirmed breakout above $1,019 could support further upside. Failure to hold $928 may trigger another decline. Wait for confirmation and manage risk carefully.
#USJoblessClaimsRise $SNDK
EP: $945–$970 (Long after bullish confirmation) TP1: $1,000 TP2: $1,019 TP3: $1,060 SL: $920
A confirmed breakout above $1,019 could support further upside. Failure to hold $928 may trigger another decline. Wait for confirmation and manage risk carefully.
#USJoblessClaimsRise $SNDK
