$SNDK Evening market: The 1400 level will decide everything; I’m choosing to watch more and trade less here
The market moved sideways in a narrow 1450–1480 range intraday. After retreating from 1827 all the way to now, the market has only one question: Is the drop over?
However, 1416 was the low formed by the sell-off a few days ago and has not been broken yet, indicating that some funds are buying here. To be honest,
I personally think SNDK rose too aggressively, climbing 37-fold in a year from $48 initially to $1,827 recently. A 30% pullback would not be considered much for any normal stock