$MU $SNDK
Micron and SanDisk are moving in sync overall, with their pullback depths and rebound strengths also broadly similar!
Structurally, the current pullback is within the 0.8 range. The decline could end here, provided there are clear signs of the downtrend stopping and a strong rebound follows.
Micron’s near-term resistance is at 940, with key resistance for a rebound around 995!
SanDisk’s near-term resistance is at 1410, with key resistance for a rebound around 1610!
Micron and SanDisk are moving in sync overall, with their pullback depths and rebound strengths also broadly similar!
Structurally, the current pullback is within the 0.8 range. The decline could end here, provided there are clear signs of the downtrend stopping and a strong rebound follows.
Micron’s near-term resistance is at 940, with key resistance for a rebound around 995!
SanDisk’s near-term resistance is at 1410, with key resistance for a rebound around 1610!