SNDK exhibits strong momentum and leadership with a recent 11% gain and ascending triangle formation.

There are opportunities, as was the case with SanDisk yesterday in particular , whether by chasing the gap, waiting for the VWAP, or restoring here. The stock was very strong today.

It did not even fall near that volume-weighted average .

So, for SanDisk, we have a clear model here. This looks like an ascending triangle. I mean , if it had broken through here, I would have called it " The Cup and the Handle". Now, he has an ascending triangle.

Now, what I would like to see is a breakout from this level, then a higher bottom again, and then buying here, if you are not already in a long position , which is exactly like buying here.

But right now, you should be very impressed with the strength of SanDisk's stock. It is...it is slightly ahead of its normal level, up 11% today alone, from 15 to 18 in just two days.

A tremendous movement, and this is clearly where leadership lies once again.

Instead, look for where buyers are regaining control ; Therefore, when looking at SanDisk, do you want to buy this breakout or would you prefer to wait for it to pull back and then buy the strength after that pullback ?