Total Assets
Rate Of Return$Sandisk(SNDK.US)
Another solid strong name in the ‘ride the winners’ list.
Much like Micron, Sandisk is one of the stronger names I am preferring over favourites such as Nvidia and AMD for purely technical reasons.
Fundamentally, you can argue over valuations etc. However hard facts - Theses paint pictures (much like narratives!) BUT price action is what matters most because profits come from price!
Despite pulling back in what seems a lot, when you look at the big picture, she has yet to retrace to the 23.6 Fib levels!
526 are the levels I am interested in followed by 432. Even if she retreats there, Sandisk will still have a strong intact bullish uptrend.
Disclaimer: Not financial advice. Kindly do own due diligence.
@Longbridge Singapore @Bridge Buzz SG
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
