Earnings for 10/22/2015Earning Setting Up
1st row - After Market announcement
2nd Row - Pre Market announcement
Will reveal my plan for SNDK, Due to the Recent Rally I might choose to sell a Credit Butterfly ($1.5 wide Spread at max)
SNDK trade ideas
SNDK bottoms just after earnings announcements.SNDK seems to bottom within a week of it's earnings announcements.
SNDK Day Trade (Brad Reed Jan22,2015)SNDK expected to open at 75.10 for a Gap N Go. Last candle bearish on 15min chart. To learn to trade this strategy for free, go to www.RealLifeTrading.com
SNDK Day Trade (Brad Reed Jan12,2015)SNDK expected to open at 88.40 Last candle is bearish on the hourly chart. To learn to trade this strategy for free, go to www.RealLifeTrading.com
SNDKLittle double top here confirmed. Not much left in the move, but lower could see an inverse cup. Just for giggles
Going Long SanDisk Corporation (NASDAQ:SNDK) Is A RiskBack on July 17 of this year shares of SanDisk Corporation (NASDAQ:SNDK) took a nose dive and had a single day drop of 14%! Bulls of the data storage company were sure left out in the cold on that summers day. Over the past month SanDisk Corporation (NASDAQ:SNDK) share price has slowly moved higher but by no means is it near its all time high of $108.77. The chart of Sandisk is nearing an interesting level of $100, that is level where there is a "gap window" and will provide stiff resistance and perhaps even a short. If this short plays out the way I think then this stock could easily get smacked backed down to $98 and even as low as $95.
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Watch This Support Level On $SNDKSanDisk Corp (NASDAQ:SNDK) is a leading flash storage technology company that is coming under some selling pressure during today's trading session. SNDK is trading lower by 0.95 cents to $61.34 a share.
Day traders should watch for important intra-day support around the $60.45 level. This is a level where the stock could stage a near term bounce and offer a good opportunity for an intra day scalp trade.
Nicholas Santiago
www.InTheMoneyStocks.com
SNDK Symmetrical triangle on dailySymmetrical triangle could break either way. May move toward apex before break. Note: ER on 7/17
