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SanDisk Corp. Scalping Level On Watch

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March 31, 2011 – Comments (0)

SanDisk Corporation (NASDAQ:SNDK) ran sharply higher early in the morning, spiking to a high at $46.43. After hitting that level, the stock has slowly declined, falling almost back to gap fill. At gap fill there is also the major support of the 50 moving average. This price level is $45.40. This price represents a solid level for a scalp to the long side.

Gareth Soloway
InTheMoneyStocks.com

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