Trading The Close | July 8, 2026

Summarize the following YouTube trading video transcript. Extract:
- Stock tickers mentioned and any price levels (support, resistance, targets, stop-losses) associated with each
- Key trading strategy
- Indicators used
- Entry/exit rules and suggested trades
- Timeframes mentioned
- Risk management tips
Format the summary in clear bullet points.

Transcript:
{transcript}

The stock tickers mentioned are SNDK, WDC, and MU. Key trading strategy is to look for divergences in the market and trade accordingly. Indicators used include parallel channels, trend lines, and candlestick patterns. Entry/exit rules suggest watching for resistance and support levels on charts. Suggested trades involve buying dips or selling rallies based on technical analysis. Timeframes mentioned are daily and weekly. Risk management tips include setting stop-losses and managing position size.