SNDK - {Part 2} Half conviction chart

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SNDK - {Part 2} Half conviction chart Sandisk CorporationBATS:SNDKChipsnCheesePart 1: Sandisk is having a phenomenal run and it is entering a stage where retail investors have strated to take interest (typically not a good sign). It's hard to count waves in such parabolic moves, but so far the count is working as per last predictions. We are still very much in the bull move supercycle with final leg of wave 3 starting now. There are 2 possibilities, wave 3 goes to 3155 corrects and begins the last supercycle up. More likely, I see wave 3 reaching 3755 correcting to 2500 levels and then again start its last leg up. Recommendation: There is abolsotely no indicator showing this to be topping soon, so keep the long positions open with a trailing stop loss and DO NOT proactively sell as its impossible to time the exact top of such moves.