SNDK closed decisively below its year-long inclining channel and, after breaching it on the 10-minute chart, sits in bearish consolidation that looks set to go lower; it should follow WDC's weakness. Support at 1136 could produce a bounce for breakdown retrace fade trades.

Next up, guys, SanDisk. Look at SanDisk finally putting in a nice daily candle close underneath this inclining parallel channel dated back to the beginning of this year. Now, I know we had one little candle close on October 16th under that parallel, but this is a significant difference from that one candle.

Notice on the 10-minute time frame, we opened up underneath this parallel, rallied back into the parallel, just breaching it ever so softly, and then a nice slip and slide down on the chart, put it in bearish consolidation, appearing like it's wanting to go lower on the charts.

Um if if we do see WDC pull off a meta where it pushed up earlier then tomorrow morning sells off opens lower. I anticipate SNDK to also follow suit. Next key level of support at 1136 on the chart derived from this inclining trend line from a pivot back in February 2nd connected to this pivot low that occurred on July 29th.

That should be an area that could produce a bounce for our famous breakdown retrace fade plays uh setting up on SNDK.