$SNDK +1.82% past week.
Sandisk is green, but the chart has been through a washing machine. Price ran up to 2,380, dumped to 1,895, bounced hard, then got rejected again near the 2,226 area. Very elegant, if your definition of elegant includes whiplash.
Current price: 2,025.08
Weekly high shown: 2,380
Weekly low shown: 1,895
Move from low to high: about 25.5%
Current weekly gain: +36.33 / +1.82%
The bounce from 1,895 was strong, but now price is cooling near 2,025. Bulls need to reclaim 2,048–2,226 to make this recovery look serious again.
For bears, keeping it under 2,048 means the chart stays heavy and could revisit the lower range.
Right now, $SNDK is alive, but not clean. Storage stock, yet the chart still couldn’t save the gains.
Sandisk is green, but the chart has been through a washing machine. Price ran up to 2,380, dumped to 1,895, bounced hard, then got rejected again near the 2,226 area. Very elegant, if your definition of elegant includes whiplash.
Current price: 2,025.08
Weekly high shown: 2,380
Weekly low shown: 1,895
Move from low to high: about 25.5%
Current weekly gain: +36.33 / +1.82%
The bounce from 1,895 was strong, but now price is cooling near 2,025. Bulls need to reclaim 2,048–2,226 to make this recovery look serious again.
For bears, keeping it under 2,048 means the chart stays heavy and could revisit the lower range.
Right now, $SNDK is alive, but not clean. Storage stock, yet the chart still couldn’t save the gains.