💾 SanDisk ($SNDK) took a beating — down 6.45% to $1,493. Flash storage demand concerns are weighing heavy. But here's what the chart says that headlines don't.

Technical Snapshot:
→ Price: $1,493.12 | RSI: 49.6 (dead neutral)
→ Below SMA5 ($1,577) but above SMA20 ($1,392) — chop zone
→ Volume at 0.98x — normal selling, no panic
→ 3M range: $1,016 - $2,335 (47% above lows, 36% below highs)

Key Levels:
• Support: $1,271 (next major floor)
• Resistance: $2,050 (needs a catalyst to get there)

The Thesis:
SNDK sits at the intersection of consumer storage and enterprise flash. The short-term pain is real (AI is driving demand toward HBM, not traditional flash). But the long-term data growth story is intact — every byte of AI-generated data needs to be stored somewhere.

This is a prove-it stock. It needs to hold $1,271 to maintain its bullish structure.

Flash storage: temporary pain or structural decline? 👇

#SanDisk #Storage #DYOR
⚠️ Not financial advice. Always assess your own risk tolerance. DYOR.