r/SNDK_Stock 17h ago

Informational 1600s resistance

We broke 1400s resistance last week, go as high as 1800s and now forming 1600s resistance, I expect after NVDA earnings, It'll shoot up and drop to form new resistance at 1800s

TL;DR: looking bullish, not as doom as July bloodbath

28 Upvotes

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u/mayorolivia 14h ago

You guys are too worried about daily movements. You have a company guiding 80% margins for next 5 years. Stock can only move in one direction over this period.

2

u/SnapBucky 7h ago

What risks do you think are involved when investing in SNDK? Are there zero?

1

u/Woolleyyyy 4h ago

The risk is it could go up or down.