I am already holding SNDK from just under $70 and will day trade a second position if the opportunity arises. I have a stop just under $64, and since the parallel day trading on SNDK lowered that cost to around $62, I feel quite safe with such a low stop. I expect $72 to be taken out into earnings, but then I expect a period of consolidation from whatever the high is set at into earnings (where I will probably sell the position I have) congruent with the expected decline in the Naz, maybe back to the $65/$68 area.
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