SAND Sandbox Technical Rebound

Jun 14, 2023

If you haven`t sold SAND here:

Then in my opinion, based on the analysis of SAND's chart patterns, I can see the potential bullish signals suggested by the double bottom and falling wedge patterns.
These patterns often indicate a reversal or continuation of the current trend, which makes me optimistic about the stock's future performance. Considering the support found at the double bottom and the narrowing price range in the falling wedge, it appears that buyers are entering the market, and there is potential for an upward price movement.

Given these chart patterns and my analysis, I have set a price target of $0.50. I believe that a technical rebound leading to such a price level is feasible based on the signals observed.

Looking forward to read your opinion about it.

Jul 3, 2023

Trade closed: target reached

SAND Price Target almost reached!