SanDisk (NASDAQ: SNDK) surged over 1000% since its IPO last year and it shows no signs of slowing. Today, we decode the Elliott Wave structure behind its powerful breakout. Consequently, our analysis charts a precise path to higher targets. This technical blueprint reveals a compelling setup fueled by pure momentum.
Elliott Wave Analysis
SNDK rallied from its April 2025 low in a strong impulse. This move marked Wave I at $286 in November 2025. Subsequently, a three-wave pullback formed Wave II at $183. Then, the stock turned higher again in a powerful Wave III. This wave broke into new all-time highs within a nesting structure.
Currently, the bullish sequence remains incomplete. Therefore, the stock should continue rallying toward the $440 – $501 target zone. This advance will unfold through a series of third and fourth waves.
Consequently, we expect all short-term SNDK pullbacks to find buyers. These corrections will form as 3, 7, or 11 swings. The primary daily cycle remains active. Ultimately, this should propel prices beyond the $500 level.
SNDK 4 Hour Chart 1.12.2026
Conclusion
SNDK’s bullish cycle maintains its strength. Consequently, traders should focus on strategic entries during daily pullbacks. Apply our Elliott Wave methodology for exact timing. More precisely, enter the market after a 3, 7, or 11-swing correction finishes. Additionally, our proprietary Blue Box system pinpoints high-probability entry zones. Consequently, this disciplined method provides clarity and confidence. Ultimately, it positions traders to capture the next major bullish leg.
Explore our system to gain deeper insights into this methodology.
