$SNDK

SNDK inverted head and shoulders breakout confirmed above $1,663; target $2,625.02.

Bullish
“Inverse Head And Shoulders Setups On SpaceX, Micron And SanDisk”
Verified InvestingPublished Oct 7 · 2 passages

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SanDisk is following in Micron's footsteps on the upward trajectory of the chart. Now, you can see that SanDisk also has an inverted head and shoulders pattern . This chart is somewhat like a "micron," excuse me, with a very short left shoulder and a somewhat double right shoulder on the charts.

But he still behaves very well at the neckline. Just like "Microne," where we were trading below this neckline earlier today. In fact, we closed below that level yesterday. Therefore, we were able to confirm that a collapse occurred today.

But right now, the price is comfortably above this neckline at $1,663 on the charts.

If we continue the breakout with SanDisk, this inverted head and shoulders pattern has a target and measured move near the top of the parallel line at $2,625.02. Therefore, there are many interesting potential opportunities on the horizon.

What this channel has said about $SNDK

Verified Investing has 7 calls on this stock; only the adjacent ones are shown.

2026-10-07BullishThis one
SanDisk is following in Micron's footsteps on the upward trajectory of the chart. Now, you can see that SanDisk also has an inverted head and shoulders pattern . This chart is somewhat like a "micron," excuse me, with a very short left shoulder and a somewhat double right shoulder on the charts. But he still behaves very well at the neckline. Just like "Microne," where we were trading below this neckline earlier today. In fact, we closed below that level yesterday. Therefore, we were able to confirm that a collapse occurred today. But right now, the price is comfortably above this neckline at $1,663 on the charts.
2026-10-01
Oh, one other chart I wanted to show with a inverse head and shoulders pattern, guys. Look at SanDisk. This is obviously one of the cousins to MU. Now, the key thing here on SanDisk, too. We've been meandering right here on the neckline, much like MU consolidating, putting in that bullish consolidation. Investors weren't sure which way MU was going to send its stock and then likely drag down or push up this cousin in SanDisk. And right now, price is maintaining above this inverse head and shoulders pattern. patter. Now guys, a quick and easy way to draw a measured move in case you don't know, after you draw the head and shoulders pattern, take your uh trend line tool down to the bottom of the head and take a straight line up to the neckline and then draw and drag that trend line over to the point in which price broke on the neckline right there. And then boom, that gives us our targeted measured move above $2600, which somewhat makes sense. We've got an inclining parallel channel that goes along with that highlighting that this area will be resistant should price continue to barrel up towards those levels.
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