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SINA Trade Removed. Final Target Hit

The SINA (Sina Corp) short trade hit the final target, T3 at 65.05, back on Jan 31st for a gain of roughly 16.5%. SINA is one of several trade ideas that has already hit a final target or stopped out. For all intents & purposes, I consider this a failed trade as the trendline backtest [...]

Mar 6, 2014 11:23am|Categories: Completed Trades - Short|Tags: |Comments Off on SINA Trade Removed. Final Target Hit

SINA First Target Hit, Suggested Buy-to-Cover Levels Added

SINA daily Jan 27th The SINA (Sina Corp) Active Short Trade has now hit & exceeded the first profit target & with the stock currently trading about 11% below the original entry price.  Although the profit target levels remain the same, the suggested buy-to-cover levels have been added to this updated chart (profit [...]

Jan 27, 2014 10:29am|Categories: Completed Trades - Short|Tags: |Comments Off on SINA First Target Hit, Suggested Buy-to-Cover Levels Added

SINA Short Update

As discussed in the Nov 19th Social Media stocks video, SINA could be shorted on a break below the orange uptrend line (which occurred today) or on a break below the broadening top pattern, of which prices currently sit just above the bottom of the pattern.  A break below the pattern will trigger the next [...]

Nov 25, 2013 1:52pm|Categories: Completed Trades - Short|Tags: |Comments Off on SINA Short Update