SANDISK appears to have completed its correction (12H)
From the point where we placed the red arrow on the chart, SANDISK appears to have entered a corrective phase. Based on the current price structure, this correction is most likely unfolding as a Diametric pattern, with the market currently trading in wave F of that formation.
If this count is correct, one final bearish wave is still expected after the completion of wave F before the entire correction comes to an end. That final decline could provide a better buying opportunity around the green support zone.
As long as the overall structure remains valid, I expect the price to react positively from the green area and begin a new bullish leg toward the marked target levels. Until then, patience is important, as the corrective structure may not be fully completed yet.
Let's see how the market unfolds.
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Do you also think SANDISK is bullish?