$ARX is about to probe for an empty move. After this vertical breakout, the RSI is already at a parabolic level. Combined with the massive upper wicks, it looks like the momentum may be exhausted. You can watch this area for an exhaustion opportunity.



For entry, look around 0.188 to 0.1927. Downside targets are in the 0.1780 to 0.1681 range. Set the stop-loss at 0.200.

However, watch the risks: the current strong momentum may come back for one more squeeze before a real pullback. Don’t go all-in—control your position size according to your account. Also, $MU and the levels below $SNDK have sell pressure as well, so you can keep an eye on that too.
ARX2.50%
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