Live monitoring of the Descending Triangle setup on SNDK. See where price is heading.
Bearish continuation pattern.
SNDK is showing interesting structural developments at $1436.56. The stock is trading at $1436.56, down 10.79% on the day. Price action has carved out a classic Descending Triangle. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $1325.03, targeting $295.67 with support near $1812.54 (R:R 2.11).
What is your outlook on SNDK?