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Growing Bulls
I said SanDisk was distribution, not a dip. 1,620 was the line. It broke, and price is 1,520 now.
Here's what I'm seeing. The stock is up 500% this year, yet it sits 35% below its June high at 2,354. Every bounce since has been sold.
That traps people. The yearly chart looks incredible, so they buy, while the real trend has been down for three months.
I want 1,620 back before I care again.
Ever bought something just because the yearly chart looked good?
$SNDK
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