SanDisk has been squeezed into the narrow space of those 37 points from 1376 to 1339 today. If you treat this as a line segment, it’s easy for price to diverge toward both ends. So we won’t chase longs above 1376, and we won’t chase shorts below 1339. For the quick long from 1350 to 1360, set a stop-loss around 1336.



If doing a short, wait a bit longer. Either bounce back to 1420-1444 to take a high entry short, or wait for a break below 1300 to open the downside path from 1300 to 1100 and take a position.
SNDK2.52%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned