$SNDK LONG SETUP – Time to go higher!
Look at this 1-week chart.
From the bottom at $689, price ran all the way up to $2373.
Now it’s consolidating cleanly around $1769 with RSI(6) at 57.58 — still room to move.
Why Long here?
Price holding well above the Bollinger Middle Band ($1666)
Volume remains healthy
Structure of higher highs and higher lows still intact
Most of the correction has already been absorbed
Trading Plan (Long)
Entry: $1745 – $1775
Stop Loss: $1680 – $1695
Risk: ~4-5%
Take Profit:
TP1: $1890 – $1920 (+7-8%)
TP2: $2100 – $2150 (+18-20%)
TP3: $2350 – $2450 (+30-35%)
Position Management
Take 50% off at TP1
Trail the stop on the remaining position
Only enter inside the zone
Those who waited for the retest of the Middle Band already caught a good move.
Entering now on this consolidation still offers a solid risk/reward.
Who’s with me on the long?
Who’s with me on the
#long ?
#SNDK Drop your entry + SL in the comments 👇