Sandisk Corp

SNDK is in a Stage 2 advancing phase with bullish patterns indicating structural repair and forced participation. The recent pullback into the confluence of rising 9- and 20-EMAs and horizontal support near the $1,600–$1,620 zone offers a favorable entry opportunity. RSI remains in a neutral range, suggesting further upside potential. A decisive break below EMAs or the support zone would invalidate the medium-term bullish bias.

• ↑Fiscal Q4 sales hit $7.36B with 56% gross margin and 39% ROE
• ↑Secured $93.9B in expected revenue via new business models
• ↓Average selling prices fell high single digits, pressuring margins