Parm

Going Long SanDisk Corporation (NASDAQ:SNDK) Is A Risk

NASDAQ:SNDK   SANDISK CORP
60 0 1
Back on July 17 of this year shares of SanDisk             Corporation (NASDAQ:SNDK) took a nose dive and had a single day drop of 14%! Bulls of the data storage company were sure left out in the cold on that summers day. Over the past month SanDisk             Corporation (NASDAQ:SNDK) share price has slowly moved higher but by no means is it near its all time high of $108.77. The chart of Sandisk             is nearing an interesting level of $100, that is level where there is a "gap window" and will provide stiff resistance and perhaps even a short. If this short plays out the way I think then this stock could easily get smacked backed down to $98 and even as low as $95.

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Parm Mann
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