SNDK Low Reclaim: Keep the Reference Fixed
Summary
Hollow Point Trading shares a short analysis of SNDK’s low reclaim using the prior candle low of 1668.69 as a fixed reference. Price dipped to 1668.02, then closed back above the level at 1669.31, showing why keeping the original reference unchanged matters when evaluating a reclaim.
https://youtu.be/vzkPqPHHOoI
SNDK: A low reclaim needs a fixed reference #Shorts
The prior candle low is 1668.69. The next candle reaches 1668.02, an overshoot of 0.67, and closes back above the reference at 1669.31. Now leave that original low in place as the next candles arrive. Moving the reference to each new candle changes the test you are running. A completed close back above the original level is a reclaim observation...
