SNDK Bullish CHoCH: Candle Close vs. Wick
Summary
Hollow Point Trading shares a short lesson on identifying a bullish change of character in Sandisk (SNDK). It explains why a completed candle must close above the 1609.27 swing high marked by the gold line; a wick alone does not qualify, and the break signals an early structural change rather than a confirmed reversal.
https://youtu.be/OaDAZVF_TSM
Sandisk: Bullish CHoCH: close versus wick #Shorts
Bullish CHoCH on SNDK. First identify the confirmed swings: lower highs and lower lows. The gold line marks the relevant swing high at 1609.27. Now watch a completed candle close above that fixed level. Under this definition, that break challenges the preceding structure. It is an early change, not a completed reversal. A wick alone does not mee...
