Sandisk Corporation
SNDK
Bearish$1,679.10-3.50%1D · 2026-09-08Predicted move
-3.50%Target $1,679.10
Actual move at settlement
-0.12%Confirmed close $1,737.99
Both measured from $1,740.00 on 2026-09-04 · Target close 2026-09-08
Direction correct
How this is scored
Direction correct: 50 points. Move error of up to 0.5 / 1 / 2 / 3 / 5 percentage points earns 50 / 45 / 35 / 25 / 10 magnitude points; larger errors earn 0. A wrong direction can still earn magnitude points. A flat close matches neither direction. Points are not returns.
Thesis
SNDK closed $1740 (+11.9%) on 2026-09-04 at the session high on a sector memory/semiconductor bid (SMH/DRAM up; peers MU/KLAC firm), not a company-specific print. Into Labor Day reopen, ATR~6.3% and a multi-day vertical (5D +17%) favor a 1D profit-take/partial fade toward the $1580–1650 zone. Invalidation: Tue reclaim and hold above $1740 on expanding volume.
Chart
Reference chart may include later prices. Settlement uses the confirmed target-date close above.
Discussion
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