How Verified Investing’s view on $SNDK changed

Channel profile →This channel has 2 credited speakers: Nancy Pelosi, Wells Fargo6 entries
2026-10-01
“Yields Hit Banks as Head & Shoulders Patterns Trigger”
SNDK maintains above inverse head and shoulders; measured move targets >$2600 but faces resistance from parallel channel.

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.

2026-09-29Bullish
2026-09-22Bullish
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2026-09-21Bullish
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Direction flip
2026-09-04Bearish
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2026-09-04
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