Sandisk Dropping With Most Other Tech Leaders
Sandisk Corp.(NASDAQ:SNDK) is a leading technology stock and major part of the Nasdaq 100. The stock comes under pressure today along with most other semiconductor stocks. Sandisk Corp. is trading lower by $1.27 to $50.23 a share. The stock will have some short term intra-day support around the $49.90 area. This is a possible short term intra-day bounce area for the stock. Please remember that the market is under pressure today and support levels may not hold very long.