Monday, 25 July 2011

Stock buy: SNDK

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

No comments:

Post a Comment

Front month WTI Futures plunges to negative $37 as storage costs rocket

It was a move of epic proportions in the front month WTI Crude futures, the significance of which is not really known of yet, but was incre...