$SNDK powering ahead, but there is risk now that SNDK is very extended from the top end Cloud Chart zone,hence NEW updated trailing stop loss now at 418 zone!

 Sandisk SNDK: 

Wave Trader giving great signals on SNDK! SNDK powering ahead, but there is risk now that SNDK is very extended from the top end Cloud Chart zone, and indicates that there is risk of a consolidation period after this climatic rally! I do expect about a 20%to 30% correction when the consolidation period kicks in. NEW updated trailing stop loss now at 418 zone! 

http://www.metastock.com/alphaharvest3for1

Fulgent WaveTrader is an advanced trading software module, an add-on for the MetaStock platform, developed by Fulgent Technologies. It uses Artificial Intelligence (AI)—specifically Genetic Algorithms and Neural Networks—to identify high-probability "pivots" in the market.

The core philosophy of WaveTrader is based on Fractal Wave Theory, which suggests that market patterns repeat across different timeframes. By identifying "waves within waves," the software attempts to find low-risk entry points at market turning points.

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The Core Strategies Explained

WaveTrader breaks down the complex movement of markets into specific "Experts" or strategies. Each is designed to handle a different market phase or time horizon.

1. WT Pivot Change (The Reversal Strategy)

This strategy focuses on trend reversals. It uses a proprietary "WT Pivot System" to detect when a long-term trend is exhausting or a short-term pullback is ending.

• Goal: To enter at the very beginning of a new directional move.
• Management: Uses a Trailing Pivot Stop, which moves the stop-loss order based on new price pivots to lock in gains as the trend develops.

2. WT Breakaway (The Momentum Strategy)

The Breakaway expert is designed to detect when the price breaks through key support or resistance levels.

• Goal: To capture "explosive" moves that occur when a market finally escapes a consolidation range.
• Mechanism: It uses the "HLLH" (Higher Low, Lower High) system to ensure the breakout has enough structural momentum to be valid.

3. WT Long Term & Long Term 2

These are "Mechanical Strategies" for investors or swing traders who want to stay in positions for weeks or months.

• WT Long Term: Uses the HLLH system to find entries on major pullbacks in an uptrend.
• WT Long Term 2: Adds a layer of Fractal Confirmation. It looks at "minor waves" to get a precise entry while ensuring the "major wave" (the big trend) is still moving in the same direction.

4. WT Short Term

This is a faster-paced strategy intended for "Quick Hits" or classic swing trades.

• Goal: To capture high-velocity moves that typically last only a few days.
• Management: It uses a Fixed Profit Stop, meaning it is designed to "take the money and run" once a specific price target is hit, rather than trying to ride a trend for months.

5. WT eWave (The Elliot Wave Hybrid)

This strategy is inspired by Elliott Wave Theory, which categorizes market moves into specific numeric waves (1-5).

• Goal: To identify the most profitable part of a cycle (often the "Third Wave").
• Mechanism: It combines traditional wave counting with Fulgent's AI to filter out "false" waves that often trap manual traders.

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Summary of Wave Signals

Strategy	Primary Indicator	Typical Duration	Best For
Pivot Change	Trend exhaustion	Variable	Catching new trends early
Breakaway	Support/Resistance Break	Short to Medium	Volatile breakouts
Short Term	Minor Fractal Waves	3–5 Days	Quick swing profits
Long Term	Major Fractal Waves	2+ Months	Trend following / Investing

The software's primary advantage is its Mechanical Trade Plans. Instead of the trader guessing where to put a stop-loss, WaveTrader automatically calculates stops based on the "volatility" of the specific wave you are trading.

http://www.metastock.com/alphaharvest3for1