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Santarus, AŞ Message Board

  • rick449 rick449 Sep 5, 2013 4:45 PM Flag

    SNTS technicals look bad SHORTS pouncing

    Just from a technical standpoint this is the worst I've seen the SNTS chart look. That downgrade followed by the syrian missle crisis shakeout day put the chart in a really funky spot. Fundamentals are still strong but I can't believe this price action. Just unreal.

    Chart looks to be showing a bear flag on the daily and sitting right at levels of support. Below 22.50 and it will get ugly.

    One thing for sure though. There are a TON of shorts in the stock right now. 33% shorts based on data I have been tracking.

    I am going to load the boat when this finally gets back in shape. Just sitting here waiting and playing other stocks currently. Like RMTI, PSDV etc. Boom RMTI went off today.

    Sentiment: Strong Buy

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