Sandisk stock closes 22.26% lower, putting the $859.46 pivot in focus

Photo: The Cryptonomist
Sandisk stock has a bearish daily setup , with its close below the main exponential averages and the lower Bollinger band. However, oversold readings and a positive 15-minute MACD histogram complicate short-term timing without overturning that bias. Key takeaways Sandisk closed Thursday at $806.43 , down 22.26% from the prior session, on volume of 30,103,400 shares. The close is below the daily 20-session EMA at $1266.11, 50-session EMA at $1423.61, 200-session EMA at $1240.15, and the daily lower Bollinger band at $937.11.
Source: The Cryptonomist







