Strong AI Growth, but Is the Stock Ready to Recover?Sandisk CorporationBATS:SNDKMbura80 Sandisk has delivered impressive numbers, but its stock price is telling a different story. The company reported $11.03 billion in quarterly revenue, with strong growth driven by demand for data storage and AI infrastructure. Data-centre revenue also increased significantly, while management issued a positive outlook for the next quarter. Fundamentally, the growth story remains interesting. However, the market is not rewarding those results with an immediate rally. Looking at the 4H chart: SNDK has shifted from its previous bullish structure into a clear bearish trend, forming lower highs and lower lows. Price is now approaching an important support zone around $1,050–$1,090. Here are the levels I’m watching: * Support: $1,050–$1,090 * Next downside area: $970–$990 * Major downside level: $899.74 * Recovery resistance: $1,300–$1,350 * Key resistance: $1,408.87 If buyers defend the current support zone and price begins reclaiming resistance, a recovery could develop. However, a clean breakdown below support could expose the lower levels. I would rather wait for confirmation than assume strong earnings will automatically push the price higher. My takeaway: Sandisk’s fundamentals remain strong, but its technical structure still needs to prove that selling pressure is fading. Another point worth considering is capital efficiency. For investors exploring tokenized stocks, Bitget offers eligible rToken holders additional options, including Dual Investment and using supported assets as margin or collateral. Its stock-transfer reward campaign also offers a different incentive structure from Gate’s., Good investing is not only about identifying promising companies; it is also about understanding how capital can be managed while holding those assets. What matters more to you right now: Sandisk’s strong fundamentals or its bearish technical structure?