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sina - long or short Rate this Topic:
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peryoung
Posted : Wednesday, August 3, 2005 1:56:58 PM
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Joined: 4/5/2005
Posts: 17
what would you say from graphs and fundamentals. In TC2005, everything for sina looks good so would say long. but in a segement like sohu so would say be careful. but then today ntes blew out earnings. so what you think?
cwang
Posted : Wednesday, August 3, 2005 10:53:45 PM
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Joined: 7/18/2005
Posts: 3
What makes you think Sina looks good?
Stochastics are in no where. There was a gap up. A big downward candle on high volumn. It's more like a gamble if you long this position.

Just my two cents
cwang
Posted : Wednesday, August 3, 2005 10:55:14 PM
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Joined: 7/18/2005
Posts: 3
oops, I meant a gamble if you trade it, doesn't matter long or short.
Mousefinger
Posted : Thursday, August 4, 2005 1:06:46 PM
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Joined: 3/30/2005
Posts: 18
Hmmm...seems to be in quite a bit of long term congestion (Daily chart).



I think I'd wait until it cleared those March highs...but it depends how you're trading I suppose (Swing trader, Day trader, etc.). Just seems range bound at the moment. It's nice it gapped above the 50EMA, but it didn't really move into anything exciting (like a new high).

Just my .02 cents.
Mousefinger
Posted : Thursday, August 4, 2005 1:10:57 PM
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Joined: 3/30/2005
Posts: 18
I forgot to say that I don't see it as a Long or Short at this point.
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