SanDisk slips after earnings, levels to watch The shares are down 2.2% to $70.46 following earnings reported last night after the close. At that price, support is at the 30-day moving average, last at $70.08 and then at $69.27, the 50-day moving average. Resistance is at $71.35. Needham earlier downgraded the shares to Hold.
SanDisk upgraded to Buy from Neutral at Goldman Goldman Sachs upgraded SanDisk to Buy saying the weakening in the yen will likely be a positive for margins in 2015. Goldman raised its price target for shares to $106 from $87.