SNDY Daily Chart........... Another Swing Trading

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