SanDisk on the Edge: 5-Hour Chart Stalled Near Key Moving Average
SanDisk's 5-hour chart is at a critical juncture, with the stock trading at $1,414.54 and squeezed between a major resistance cluster (200-period SMA, SuperTrend and the Ichimoku cloud top) and recent bullish momentum. A close above $1,525 would shift the outlook toward a sustained rally, while a drop beneath $1,280 would likely hand control back t…