Going Long SanDisk Corporation Is A Risk

Back on July 17 of this year shares of SanDisk Corporation (NASDAQ:SNDK) took a nose dive and had a single day drop of 14%! Bulls of the data storage company were sure left out in the cold on that summers day. Over the past month SanDisk Corporation (NASDAQ:SNDK) share price has slowly moved higher but by no means is it near its all time high of $108.77. The chart of Sandisk is nearing an interesting level of $100, that is level where there is a "gap window" and will provide stiff resistance and perhaps even a short. If this short plays out the way I think then this stock could easily get smacked backed down to $98 and even as low as $95.





Parm Mann
InTheMoneyStocks.com