Live monitoring of the Broadening Formation setup on SNDK. See where price is heading.
Expanding volatility. Sign of instability.
Traders are watching Sandisk (SNDK) as price action tightens. Price has moved to $944.46 (-0.84%) amidst recent volatility. Price action has carved out a classic Broadening Formation. Volume is average (1.06x avg) with moderate trend strength (42.4). A potential breakout level is identified at $965.0, targeting $1413.0 with support near $741.0 (R:R 2.0).
What is your outlook on SNDK?