SNDK September 4, 2013
September 4, 2013
Price breakout Fibonacci resistance $56 and its now trading above $56.50, Indicators still bearish but price is above DEMA 21 meaning the bull has some momemtum here.
McBillion Bulls: Enter Long above Fib resistance $57.68 resistance/exits $58.87, $60 Option traders use Oct 13 60.0 Calls at $1.10
McBillion Bears: Enter Short below $53.81 Resistance/exits $52.65, $47 Option trader use Oct 13 52. Puts $1.60
August 19, 2013
Price is heading to retest support at $54 the last time July 30, 2013 price pull back up +5 points but failed to hold above Fibonacci resistance $57.66 - $58, I am Bearish/Neutral and waiting to see how price behave at $54-55
August 1, 2013
Price break down Fibonacci support $57.91 but found support at major Fibonacci level $54, we getting some momentum at this level and price is looking to retest $57.91 to target $63, there is other fibonacci levels that you need to watch if you are a day trader but I am swinging with Octuber calls. Good Luck
July 18, 2013
You can see $63 and $66 are important Fib resistance/support numbers, so I will be wayching those numbers to get out of out calls from McBillion Earning Play, If price breakout $66 them $70.
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