$SNDK on Track for 6 Straight Closes Below 50-Day Moving Average

$SNDK is on track for six straight closes below its 50-day moving average. The last time the stock had multiple closes below that level, the price plunged 43% over the following two weeks.
Tradr ETFs highlighted its Tradr 2X Short SNDK Daily ETF $SNDQ as an option for magnified bearish exposure.