SNDK's strong bull trend today is actually bad news for both the bulls and the bears. Here's why:For the bears, the reason is obvious, so I'll skip that.
For the bulls, today's rally didn't reset the buying climax enough. Historically, that often means the market still needs another leg lower before a high-probability long setup develops.
I'm not looking for average trades. If I can reverse to long at much better prices, those are the trades that have the potential to produce outsized returns while keeping risk relatively limited.
SNDK 
MU 
SOXX
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patreon.com/cw/SwingTraderSaan
• high-probability live entries
• daily updates on open positions
• trade management & exits
• deep dives into why trades work or don’t
• live chats where I engage
• 1 free article monthly
patreon.com/cw/SwingTraderSaan
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
On Patreon, I share:
• high-probability live entries
• daily updates on open positions
• trade management & exits
• deep dives into why trades work or don’t
• live chats where I engage
• 1 free article monthly
patreon.com/cw/SwingTraderSaan
• high-probability live entries
• daily updates on open positions
• trade management & exits
• deep dives into why trades work or don’t
• live chats where I engage
• 1 free article monthly
patreon.com/cw/SwingTraderSaan
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.