SNDK: Trend Breakout, Bearish PersistsSandisk CorporationBATS:SNDKBlaisefxacademySanDisk Corporation (SNDK) is trading around $1,574 dropping 3.81%. The decline was triggered by a broader, sector-wide chip and memory stock sell off following weekend remarks from top AI executives. The primary driver for today's market drop was a weekend call from prominent artificial intelligence leaders. Technical Insight: SNDK is positioned in upside direction, trending partially on highs and lows for a couple of weeks now. Stock recently broke below the trend support line at $1,635, in respect to the structure. Price is making a retest, as we anticipate short continuation between $1,610-$1,660. Key Point: A confirmed pullback around this zone, activates another sell position down $1,352.84, as next potential bearish. Thanks for reading.