SanDisk is bearish after a 58% decline from its high, with technical signals indicating further downside risk.

You let off SanDisk, one that I own, down 140, and that's not fun. Joe, I just noticed they have a live feed on of him right there. So, it's like it's like Inception going on. Did you see it, too?

I did, yeah. But, I was also kind of gasping at the SanDisk reference cuz I think it took quite a hit recently. Oh, did it? It'd be a tough one to get into to to be holding, I guess. Yeah.

Yeah, SanDisk SanDisk fell victim to the 50/80 rule. The 50/80 rule is when you see a big move, a huge move like this, a stock that ran like that, 80% of the time will fall by 50% and 50% of the time will fall by 80%.

You're not going to believe it. SanDisk, it it got it. It got hit. See how far. From the tippity top down to here, 58%. The 50/80 rule strikes again. You never saw it coming.

The thing is you did you didn't have to see into the future on that. There's I can see on the chart a few signs that would have told me to get out and I wouldn't have found the bottom of that with my own money, you know.

I was going to say, Joe, what kind of signs? Don't just tease us like that. The first thing that jumps out, Chris, is I've got a bearish cross on my exponential moving averages.

The The blue line goes underneath the black line. Those damn prices.

I've got a price that goes underneath the 50s. So now I've got two signals telling me to get out. And then the third one, I would I would wager as an outlier, I would go into the software and it would have told me that to get out. It would have been a sell signal long

I don't know. I think I we don't know because we don't have enough data on SanDisk yet. Outlier covers 9,000 stocks and ETFs and and SanDisk is not one of them just yet. But we are gathering the data in order to push it through.

So, I like the thought behind it, but you are right. There's a lot of headwinds for a stock like this and think of all the people who got trapped up here. A ton of people got trapped up here.

I think I we don't know because we don't have enough data on SanDisk yet. Outlier covers 9,000 stocks and ETFs and and SanDisk is not one of them just yet. But we are gathering the data in order to push it through.

So, I like the thought behind it, but you are right. There's a lot of headwinds for a stock like this and think of all the people who got trapped up here. A ton of people got trapped up here.