Monday, February 27, 2006

In Play

Long: GNSS $21.07, SNDK in pre-market $58.89 , ROS $21.30

SNDK - watching 20 day EMA $61.00 for resistance - tight stop

SNDK Update 10:58 a.m. - Sold 50% at 61.28 because the stock made a lower high on the 1 minute chart in the area of resistance of its 20 day ema.

SNDK Update 12:45 p.m. - Keep a tight stop during this consolidation. There's not much in the way of support until $60.00 - $60.50. Current price $61.00.

No comments: