TREND(WEEKLY)_TRIGGER(DAILY)

[JLS]

in SNDK example both WEEKLY and DAILY confirmed ...

Generally speaking, weekly will be sluggish in confirmations because it takes five daily bars to make one weekly bar, and it takes more than one bar to make a trend change. I don't see any logical way around this argument. That was my only point. Specific deviations from general rules don't count, as they can be traps.

I'm holding off on SNDK. Prefer to see trend or pattern forming which gives clues. Going back a year, 41.50 looks like near-term support and 45.50 looks like resistance. I prefer to watch to see if it tests those levels which would make that the new, sideways, trend. I would nibble (bottom fish) at 41.50.