Sandisk (NASDAQ: SNDK) – Waiting Patiently for a High-Probability Entry

As on 4 August 2026 | CMP: $1,288

Sandisk made one of the most spectacular post-listing advances in recent years. After listing in February 2025 at approximately $35, the stock surged relentlessly to $2,348 in just 16 months—an extraordinary 67-fold rally.

The encouraging aspect from an Elliott Wave perspective is that the entire advance has unfolded in a remarkably clean impulsive structure, making it far easier to identify where a major correction is likely to terminate.