SNDK - Mixed SignalsSandisk CorporationBATS:SNDKVIAQUANTThis is an update to my last post: Following a successful bull flag breakout, SNDK is holding strong. Unlike Micron, which is currently retesting the flag, SNDK is showing relative strength by holding above the yellow line. This yellow line is significant for two reasons. It marks the 4H candle body close of the last top SNDK printed, as well as another micro high (red arrows). Price has since held above it through three separate retests (green arrows) demonstrating that this level has successfully flipped from resistance into support. That said, there is a notable warning sign developing that should not be taken lightly. A clear bearish divergence has formed on the 4H RSI. Price printed a higher high while the RSI simultaneously printed a lower high, rejecting right at overbought conditions (70). This signals that the uptrend is weakening and may no longer have the momentum needed to reach the 1.618 breakout target. Monday will be the key tell. Watch for either a continuation move from the yellow line toward the breakout target, or a break below it, which would likely signal that the top is already in.