It seems that everyone typically looks toward the magnificent 7 for easy returns because they are so prevalent in our day to day lives. However, many people overlook companies like 
SNDK mainly because their brand isn't shoved in our faces 24/7. But that's okay, SanDisk still controls about 1/4 of all small device storage market share, meaning they more than likely are here to stay for a while. Even though the stock is volatile, I have taken a substantial position in this company with the intent to sell for a nice profit.
My current position:
Buy 1 @ 45.39 ( July 7, 2025)
Buy 2 @ 42.15 ( July 14, 2025)
Currently the stock is trading above or near the 4 Hour 200 EMA and 200 SMA both of which are clearly moving at an uptrend. As for the industry itself, storage cards are always in demand especially for small consumer devices which has and absolutely gargantuan market. Most large institutions and rating agencies have this tock as a buy with some targets raising as high as $80 per share. Although that is optimistic this trade is aiming for a timeframe of 3 to 5 months, which could work out with that price target.
Here's the goal, sell 90% to 100% of the entire position with a price target of $62. It's just that simple.
SNDK mainly because their brand isn't shoved in our faces 24/7. But that's okay, SanDisk still controls about 1/4 of all small device storage market share, meaning they more than likely are here to stay for a while. Even though the stock is volatile, I have taken a substantial position in this company with the intent to sell for a nice profit.My current position:
Buy 1 @ 45.39 ( July 7, 2025)
Buy 2 @ 42.15 ( July 14, 2025)
Currently the stock is trading above or near the 4 Hour 200 EMA and 200 SMA both of which are clearly moving at an uptrend. As for the industry itself, storage cards are always in demand especially for small consumer devices which has and absolutely gargantuan market. Most large institutions and rating agencies have this tock as a buy with some targets raising as high as $80 per share. Although that is optimistic this trade is aiming for a timeframe of 3 to 5 months, which could work out with that price target.
Here's the goal, sell 90% to 100% of the entire position with a price target of $62. It's just that simple.
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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.
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.