$SNDKB got hit right at the US open today.
The SanDisk stock token was grinding up all morning, tagged 1198 before lunch here, then the 19:00 hourly candle dumped all the way to 1118 on the biggest volume in days. Thats basically a retest of the Oct 30 low near 1117.
Bounce so far is weak, sitting around 1138 under both 1h EMAs
.
For me 1117 is the whole story. Holding it makes this a double bottom with 1152 then 1177 as the levels to reclaim. An hourly close under 1117 and the Oct 30 floor is gone, that opens up a lot more room down.
The SanDisk stock token was grinding up all morning, tagged 1198 before lunch here, then the 19:00 hourly candle dumped all the way to 1118 on the biggest volume in days. Thats basically a retest of the Oct 30 low near 1117.
Bounce so far is weak, sitting around 1138 under both 1h EMAs
.
For me 1117 is the whole story. Holding it makes this a double bottom with 1152 then 1177 as the levels to reclaim. An hourly close under 1117 and the Oct 30 floor is gone, that opens up a lot more room down.
