SanDisk (SNDK): Death Cross

SanDisk (SNDK) just flashed a death cross.

SanDisk (SNDK)
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The red price bars showing underperformance vs. SPX.

We can see the $32 area is very important will it hold or break?

For Reference

The death cross (technical formation when the 50-day moving average drops below the 200-day) can be used as a filter to help narrow down the field. Next, use the Seven Steps to Better Stock Trading to evaluate the sentiment and price action. Better yet, sign up for The Select 20 Stock Picks or use my free Total Indicator for eSignal.