The analyst expects SNDK to decline about 50% from its high, warning of a significant downward move after a parabolic rise.
Parabolic moves typically lead to sharp declines; SNDK has already dropped 36.6% and is expected to continue downwards.
$SNDK 'This will decline -50% from his high too Parabolic moves mean only one thing: Look out down below!' -36.6% so far, nearly there.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +6.8% | +7.1% |
| 1 week | +8.7% | +8.1% |
| 1 month | — | — |
| 3 months | — | — |
| 6 months | — | — |