$SNDK - SHORT read (x10)
At a glance a steady slide. Look closer, the drop is only 8.3% below the long-term average.
The first one already reached a target. This entry is worse than that one, so I am taking less size.
What gets me here is that 8.3% is a normal gap for a slide, not a stretched one, so the move down still has room.
Reaches 811.31 or rolls over before it?
Setup:
Entry: 811.31–813.58
TP1: 780
TP2: 750
TP3: 725
SL: 839.69
Price move: stop -3.3% · first target +4.0% · last target +10.8%
⚠️ Personal market insight, not investment advice. DYOR.
At a glance a steady slide. Look closer, the drop is only 8.3% below the long-term average.
The first one already reached a target. This entry is worse than that one, so I am taking less size.
What gets me here is that 8.3% is a normal gap for a slide, not a stretched one, so the move down still has room.
Reaches 811.31 or rolls over before it?
Setup:
Entry: 811.31–813.58
TP1: 780
TP2: 750
TP3: 725
SL: 839.69
Price move: stop -3.3% · first target +4.0% · last target +10.8%
⚠️ Personal market insight, not investment advice. DYOR.
