7.28 Sister Yan’s quick review of SNDK

On the 4-hour timeframe, price is tightly hugging the lower Bollinger Band and running outward; the bears are indeed still making a hard push downward. But take a closer look at the 4-hour KDJ— the J value has already been smashed to -14.34, which is a state where the spring has been compressed to its limit.

Entry: around 1300 - 1320, pending.
Defense: around 1380. If on the 4-hour timeframe the price can hold with a body firmly above 1419, it means the logic has failed—admit it and exit decisively.
Targets: first look at today’s low near 1222; if it breaks, then look around 1150. $SNDK