I went long today in SNDK at 45 after it having a strong run up recently and broke past resistance in the 44.85 region. Today we had a pull-back to test that and so has used this opportunity to enter. The market does look a bit overdone here but hopefully this will outperform.
Entry: 45.00
Target:54
Stop: 41
Thoughts and commentary on daily market action, plus my trade log in equities and futures.
Monday, 25 July 2011
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