SNDY Daily Chart........... Another Swing Trading
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SNDY Daily Chart........... Another Swing Trading Stock
As with every other stock, if one follows the indicators, they will trade much more efficiently and profitably. I was asked for my thoughts on SNDY, a company that I've followed for over 18 months. I only need to circle a few crosses, and most of you should be able to understand the alignment and importance of these basic indicators. The stock is currently in a free fall after a very nice uptrend. Will it hold the MA200 or continue down to the MA50 or lower. No idea, but having followed thru with a sell order when the indicators threw up caution signs, one could have saved themselves a lot of pain and red. Imo, the downside isn't over yet. GLTA
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