Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Wednesday, December 30, 2015

SINA - Will It or Won't It?

In the world of stock traders, the largest group is arguably the break out junkies and SINA is the chart to watch for that make or break event.

click on image to enlarge

Will it break out of its 2-year black downhill channel or won't it?  Considering it has been building a triangle over the past two months, whichever way it breaks is likely to be a strong and fast move.

Trade well my friends


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