SNDK Long — $SNDK breaking out through 1100 resistance on analys

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SNDK Long — $SNDK breaking out through 1100 resistance on analysSandisk CorporationNASDAQ:SNDKivvixSetup: HTF 4h chart shows an explosive multi-month uptrend from ~$220 in Dec to current $1142, with a sharp acceleration beginning mid-April on heavy volume. The Apr 29 gap-up to ~$1070 followed by today's continuation bar through $1100 resistance — the prior April consolidation ceiling — constitutes a clean breakout from a multi-day flag. The 1h chart shows the open gap at $1060-1080 holding as support, with the last two hours building higher lows and the current bar closing near HOD at $1142 with the highest volume bar of the recent move (~5.7M on the open 1h). Price is not mid-range; it is pressing through the $1100 breakout shelf. Flow: Multiple analyst upgrades (Bernstein $1,700 PT, Cantor Fitzgerald lift) are the catalyst for today's 4.4% move on 1.2x relative volume. Options flow is heavy with a call/put premium ratio near 2:1 favoring calls, and several identified bullish prints on the 1100C and 1120C today. Net delta imbalance is bearish but this is dominated by large OTM put hedges (850-950 strike puts on ask = protective positioning, not directional bets against the stock). The sector tape in semis/AI is the strongest in the market today, providing a clean tailwind. Plan: Stop is placed below the breakout shelf and the Apr 29 gap-fill zone — a close back below that level would invalidate the breakout thesis entirely and suggest the move was a fade trap. Target is the next major psychological level and the Bernstein revised PT zone, which also aligns with the prior extension measured from the April base. TTL is short as price is actively at the entry level on momentum. 📍 Entry: 1142.00 🛑 Stop: 1070.00 🎯 Target: 1300.00 ⚖️ R:R: 2.19