caesar2288
05-15 16:31

$SanDisk Corp.(SNDK)$   is the most interesting stock on my screen this week. Here's why — both sides 👇


The setup: SanDisk has run +3,345% in 12 months. Just pulled back 13% from its $1,600 all-time high. So is this a "discount" or a warning?


Let me walk you through what the indicators actually say.


🟢 WHAT THE BULLS SEE:

→ Earnings beat by 60% last quarter

→ Mizuho raised price target to $1,625

→ Trading 50% above the 200-day moving average (long-term trend = strong)

→ AI storage demand is still accelerating


🔴 WHAT THE BEARS SEE:

→ RSI at 78 = textbook overbought

→ Insider selling cluster: ~$7.3M sold, $0 bought last week

→ Average analyst price target ($1,399) is BELOW where it trades today

→ Momentum indicator flipped bearish on May 12

→ P/E of ~50x, trading at ~17x revenue


⚖️ THE HONEST TAKE:

Both sides have evidence. Anyone who tells you SNDK is "obviously cheap" or "obviously a bubble" right now is selling you certainty that doesn't exist.


What I'm doing: watching $1,453 (resistance) and $1,200 (50-day MA support). Those are my decision levels.


What I'm NOT doing: making specific price predictions for next Friday. Nobody knows. Don't trust anyone who says they do.


Save this for when SNDK moves — let's see which side of the tape was right.


Not financial advice. Just an honest read.


#SNDK #InvestingEducation

💰Stocks to watch today?(15 May)
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