Sandisk too overbought to me smaller time frame'sSandisk CorporationNASDAQ:SNDKjazziomanSNDK I still think SNDK could retrace to $1250–$1300 before the next leg higher. On the 4-hour chart, it's trading inside a bear flag, so a retest of $1300 (yellow line) wouldn't be surprising. The 4-hour chart also left several gaps that haven't been filled yet. In my experience, many of these gaps eventually get filled, so buying in that area could provide one of the best opportunities. SNDK has rallied strongly since breaking out of the daily bull flag around $1300. Even if we get a retest of that previous resistance (now acting as potential support), I wouldn't consider that bearish at all. The daily trend remains very strong, but personally I'm not looking to buy after a 30%+ rally with multiple downside gaps still open. That's just my strategy. I'd rather buy red candles than chase green ones. Also, keep in mind that the stock is up over 30% in just three days without a single red day. Don't be surprised if we finally see some profit-taking. Every stock has red days. If SNDK pulls back toward the $1250–$13050 area, I'd consider adding to my position. If it resumes the uptrend afterward, I would look to take profits on those added shares around $1800–$2000. What's your idea for this week? think it's gonna continue up without even red day's? Let me know :)