SNDK shows hesitation; short-term risk of drop to 50-day MA or 1550 level.
BearishHe framed it in days
“Stock Market Analysis October 3, 2026”
Brian ShannonPublished Oct 3 · 1 passage
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Micron and SanDisk are showing some hesitation. What we want to see is for the stock to drop below 1700 and stay below it for a while; then the 20-day moving average will pull back, and SanDisk might need a price correction to the 50-day moving average.
So, if you're trading for the long term... In the short term, be aware of the potential for the stock to drop. If it reaches the 1550 level, specifically—about 10% of its current level, or slightly lower—
Watchpoints
price dropping below 1700 and staying there
What this channel has said about $SNDK
Brian Shannon has 3 calls on this stock; only the adjacent ones are shown.
2026-10-03BearishThis one
Micron and SanDisk are showing some hesitation. What we want to see is for the stock to drop below 1700 and stay below it for a while; then the 20-day moving average will pull back, and SanDisk might need a price correction to the 50-day moving average. So, if you're trading for the long term... In the short term, be aware of the potential for the stock to drop. If it reaches the 1550 level, specifically—about 10% of its current level, or slightly lower—
Direction flip
2026-09-18Bullish
There are opportunities, as was the case with SanDisk yesterday in particular , whether by chasing the gap, waiting for the VWAP, or restoring here. The stock was very strong today. It did not even fall near that volume-weighted average .
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