SNDK Technical Analysis Currently, it's moving within a range of 1430-1830, experiencing box consolidation. The support line connecting July 30, August 28, and September 11 has been broken. The daily MACD is about to form a death cross, and in the short term, I expect further downside to EMA 100 at 1434. EMA 100 might see a rebound, but if the rebound fails to break through the key resistance level, I think it will continue to drop unless we see a few strong bullish candles with volume pushing back above the lower trendline. Otherwise, the probability favors the downside. If EMA 100 at 1434 is effectively broken, then we might be looking at EMA 200 at 1136 for a second bottom test. If that really happens, it’s time to be brave and buy the dip.