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WinningStockTrader
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  • STEC short: no rebound yet, no upside volume, forming a bearish flag on support 0 comments
    May 17, 2011 9:18 AM | about stocks: STEC
    STEC: not a lot of buyers coming in for a rebound after the earnings drop (see intraday chart), it's forming a bearish flag on support. Shorting on a break below fridays low.
    STEC short: sell stop 14.71, stop loss 14.95, target 13.53
    Portfolio Results: March: +15.26%, April: +15.93%, May 1-13: +4.46%
     
    Themes: semiconductors, smh, mu, intc Stocks: STEC
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