Sandisk Corporation: 43 weeks in, coverage complete and trailing stop in place

Sandisk Corporation is at week 43 of a buy trade with the model's coverage already complete. The week closed down 4.3% after a 12% rebound from the lows in the 1860 area, bouncing off the daily EMA20. The technical picture remains constructive in structure but shows early signs of momentum slowing: those still positioned with residual capital follow the trade with a trailing stop in place.