Verified Investing on $SNDK (Nov 5, 2026)

Speaking of upside to come, I see SanDisk is on the uh horizon. I see SanDisk horizon. Potential bounce is going to happen. This is this stock right here has received so much capital inflow from retail investors, institutional investors with this AI data center buildout.

Got a little bit extreme here. Now, I think this selloff is getting a little bit extreme as well. Look, just back here since October 28th, guys, we're down 40% on SanDisk. That is a huge drop.

Now, throw in back over here since September 22nd, SanDisk is down a whopping 57%. Holy shamolley, that is some nasty selling going on on this chart. Now, notice when we did decline, how we caught support right here on this inclining parallel.

What do we talk about in the show? breakdown, retrace, fade play at hand. What a monumental fade that has been. Unbelievable. So much so, we didn't catch support right here at this low pivot of the M.

So, any sort of pending bounce on SanDisk first has to navigate and get above this key level of resistance, $998.19. In essence, that $1,000 mark is going to be the destination for near-term resistance on Sandis.

Now, where can it bounce, guys? Look at the bottom of the screen. 24.15 on the daily RSI. Ouch. That is down beneath oversold territory. We can tell that by looking at this chart.

Should we see any further selling tomorrow, this is the next level I see capable of providing a bounce at 777.60. That also is very close to a key gap fill right here at $780.90.

So that $3 zone in essence, granted we don't gap over that, but that $3 zone is certainly capable of halting some of the selling, allowing price to start navigating up the charts.

And we already see it's doing so pretty nicely after hours right now. Closed at 806, up now about $21 in the afterhour trading.