SNDK breakout above descending trend line targets 2275 near-term.
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Look at SanDisk on Friday up over 10%. Today it's going to try to break out above this downs sloping or desop uh descending trend line. High pivot here. It's a high pivot. Can it break?
Right now it's going to open above there. If it does, I think this could go honestly we could see this thing back to 2275 or so up in this upper range in the near term.
And you can even see it's kind of like a cup and handle pattern, right? You have your cup and then kind of a little sideways handle here for a maybe a breakout to the upside on SanDisk.
I can't help but wonder and this is kind of on the DL the lowdown right is that you had the quad witching expiration or triple witching on Friday and I wonder how many calls were had been bought over the last few months on SanDisk
I wonder how many calls were had been bought over the last few months on SanDisk on Micron and therefore the institutions didn't want to let them rally significantly until those were cleared off the board and now they're cleared off the board and it's like okay the the massive amount of options are are expired retired.
They made their money the instit and now they're like, "Okay, we can step back and let these things run again." Just a hypothesis, you know, take it for what it's worth.
What this channel has said about $SNDK
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