Shorted SNDK on bearish technicals; position is losing money due to unexpected upward movement/breakout risk.

We're going with SanDisk. I shorted Sandis here. Look at all this bearish consolidation here that's occurring on the chart. Just jumped right in. Didn't wait for a high pivot, which I normally would do or at least wait for some sort of retrace.

Jumped right in in the money just ever so slightly. We'll see if we can't narrow this margin going on here with Len. Five bucks on sand is nothing.

Sand is coming down nicely, too. We're in the money about 35 bucks on that.

And yeah, now it's starting to come down just a little bit more through hypes. Uh SanDisk, as you see here, we're actually still in the money here, but with this position, it's not as heavy as what we've got going on with Hype.

Hype, I've got 39,000 in. SanDisk, I believe 18,000.

I did add to the SanDisk position. You can see when price did poke up here, I did add. And I have two sell points here on SanDisk. I now got $45,000 short on SanDisk.

So hopefully on SanDisk, we've got a potential inside bar bearish consolidation that's playing out on the one minute time frame. Let's see if this plays a little bit further down.

You see that inside bar right there? That's a big nice red candle. Price came right to the top of it. I added to the position right here on this declining trend line. So, that should be what we need to have some other further selling.

We just need the spiders as well as uh the rest of the markets to help push price back down on Sandis. We'll see if we can get that to happen in the next 10 minutes or so.

What? I'm in Netflix as well as SanDisk.

It's all green except for Sandis. Sandis is going the wrong way. Look at this breakout on top of that declining trend line. We It's Talk about knocking on the door. Knocked on it several times.

Now starting to base. Look like that's going to be going higher towards the end.

I'm down 30 bucks on SanDisk.

Hold on to the current positions I'm in cuz I still got Sandis now. Sandis can turn around. This could put me in the right.

We just need Sandis to come down just a little bit more. Now it's going away from me. Oh, now this may not be the smart move. Sandis was going to be my sleeper on this position with you guys holding on.

I was going to see a little failed breakout, but look at this. This thing's did a nice retrace, pierced that trend line, and has since bounced up.

The Sandis is killing my whole strategy here. Just bull flagging right on top of this declining trend line. This thing should be going down. It should be going down, folks. As you see here, that's what was hurting.

You can see my break even price is down here amongst this low range of the consolidation. I did add to the position, as I said. So, I've got two entries into SanDisk, and now SanDisk is just hanging tight right here.

Looking like it's starting to go up and retest this 1722 level. Uh, we'll likely have to pull the rip cord on this if we get any higher because we don't have enough time to maneuver uh to hopefully get a pull back.

All right, Sand is coming down. Sand is coming down.