SINA - Best Pick for 2007
Sep 30th, 2007 by Trader-19
SINA is presenting a possible BULL FLAG. The last three runs averaged 9.85 pts. I would enter the trade as soon as it took out Friday’s high of 48.21. My stop would be placed 1 penny below Friday’s low.


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Only 2 points away. Stop loss never triggered. Great Reward to risk ratio. At this point I would place a trailing stop at 54.50 (stock is at 55.65 right now)