SNDK: Bullish Trends

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SNDK: Bullish TrendsSandisk CorporationBATS:SNDKBlaisefxacademySanDisk Corporation (SNDK) closed at $1,596.08, down slightly by 0.28% (-$4.54) with a market capitalization of roughly $233.7 billion. Trading has faced recent pressure from elevated bond yields affecting AI infrastructure stocks, though the memory chip maker continues to benefit from strong long term AI data center demand. Technical Insight: SNDK is positioned in ascending momentum. The stock is gradually forming a bullish channel, with higher highs and lows, after weeks of bearish trend, in respect to the structure. Price is slowly ranging down to the support line, as we anticipate a buy retracement, between $1,480-$1,553. Key Point: A confirmed pullback around this zones, activates a long position, eyeing $1,886, as next potential high. Thanks for reading, have a great weekend.