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SanDisk (SNDK) Long Watch
Direction: Short-term bullish, but don't chase.
SNDK rebounded about 5.53% yesterday, closing at $1,371.12; today it has traded in a range of $1,330–$1,389, most recently around $1,365.
Bullish rationale
● AI inference is driving NAND/SSD demand, and the storage market remains strong.
● A higher share of long-term contracts is improving earnings visibility.
● The stock is recovering from oversold levels in the short term, with sentiment rebounding.
Key levels
● Support: $1,359 / $1,330
● Resistance: $1,389 / $1,404
● A sustained mov

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