SNDK: Resistance Zone, Another Significant Breakout Is Coming!

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SNDK: Resistance Zone, Another Significant Breakout Is Coming!Sandisk CorporationBATS:SNDKBlaisefxacademySanDisk Corporation (SNDK) shares surged following a high profile investor Day where management projected mid to high teens annual revenue growth through 2030. Wall street cheered strong multi year customer agreement, robust AI-driven NAND demand, and expectations for massive free cash flow, prompting major investment firms to raise their price targets. Technical Insight: SNDK is in a bullish momentum. The stock has been surging up gradually, after breaking above the descending channel lower high area, at $1,410, in respect to the structure. Price currently approaches a round bottom resistance, as we are anticipating possible breakout. Key Points: A confirmed breakout at this zone, activates another buy position, eyeing $1,908, as next potential bullish. Thanks for reading, have a great weekend.