|From: Richierick (Rep: 3)||Date: 11/25/2012 16:06|
|Forum: Sunesis Pharmaceuticals - Msg #3212||Thread #673478141 (Rec: 0) |
|May be taking a pause after breaking out of the double bottom (11/20/12) on the daily, but who knows, this is an extremely volatile / unpredictable stock. This latest up move was accompanied by low relative volume.|
I will take a long position at 4.80 for a day trade, if 4.78 is breached. If SNSS takes out 4.45, I will put on a short position for a swing trade. Either way, I'm anticipating a showdown between bull and bears this week.
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