$SNDK

$SNDK has broken above $1,800 to a new swing high, with RSI above 60 confirming stronger momentum after support near $1,000.

SanDisk shows strong leadership as repeated, increasingly frequent tests near 18.00 make that supply level more likely to fail, though the stock is extended.

$SNDK buyers are in control, with recent strength suggesting continued upside potential despite the stock’s declining 50-day moving average.

SanDisk breaking above its 50-day average implies a return toward the June highs, with $18.35 to $18.36 as the final Fibonacci resistance.

SanDisk could break above its nearby peak, pull back to establish a higher low, and then resume higher, though the stock is extended after a 35% weekly rally.

SanDisk likely has its worst decline behind it, though several weeks of consolidation may be needed before the next sustained advance.

$SNDK is in a bear market, down at least 20% from its high, as large-cap technology leaders continue to lag.

$SNDK lacks clear direction and could pull back toward 14.50 before a flattened five-day average enables a much larger rally.