Friday, June 17, 2011

CRUS/SINA Follow Up

CRUS and SINA were also June 7th trade ideas on the short side.

Here's the current stop
CRUS is down 10%. The current stop at $14.65, again the Trend Channel has held this trade very well. All Trend Channel stops are on a closing basis unless otherwise noted.

SINA has had a great move thus far- 25%. If you are Swing Trading either or any of these positions, you'll want a tighter stop, just email me for swing stops.


If you have Telechart, StockFinder or TC2000 I'm happy to share the formula with you.

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