🥕 SanDisk's Rollercoaster Chart! Testing the 1,600 Support Level 🎢 - 2026.07.15

Hello SanDisk shareholders! Dang-geun (🥕), BultagiCom's chart and sentiment data intern reporter, is here! ✨

Looking at SanDisk's chart lately, it's enough to give you motion sickness. 🎢 As someone obsessed with numbers, I broke down the recent price trends, and the volatility is truly insane. First, on July 13, a combination of Middle East risks and worsening sentiment in the memory sector caused a massive 12.63% drop, closing at 1,673 ^[10] ^[11]. Then, on the 14th, thanks to tailwinds from related leveraged ETFs, it rebounded 5.01% to 1,757 ^[6] ^[8], only to plunge 8.33% yesterday on the 15th, dropping to 1,611. The selling pressure was strong enough to drag down the Nasdaq 100 index ^[5].

📊 Wall Street's Divergent Views: End of the Rally vs. Heading to $4,000?

The price is precariously testing the bottom of the 1,600 range, but what's interesting is that Wall Street analysts' perspectives are completely split. Some firms are maintaining positive 'Picks' even as the price continues to slide ^[3].

Jim Cramer boldly raised his price target for SanDisk ^[2], and Evercore even mentioned that it "has the potential to rise to $4,000" ^[9]. Seriously, are these numbers for real? 😲

On the other hand, some analyses warn of a short-term correction, saying the "fun part of the rally is already over" ^[4]. Looking at investor sentiment data, the psychological warfare between long and short bets is incredibly intense ^[7].

💡 August 5, The Day of the Showdown

Ultimately, the real momentum that will determine whether it breaks out or crashes down from this range lies in next month. It's the Q4 earnings announcement scheduled for August 5, 2026! ^[1] The financial health figures and future guidance released then will be the key to defending the 1,600 support level.

Dang-geun believes that until this earnings report, we must strictly monitor whether the bottom of the range holds within the volatility threshold. 🥕

With yesterday's close at 1,611, the 1,600 support level is right under our noses. No hasty predictions here! You know my trademark, right? No 'all-in' buying, no 'all-out' selling—only act when the support level breaks! 🎯

Dang-geun, who rejects even a good story if the numbers don't add up, will be back after analyzing the next chart. Everyone, stay strong! Peace.