SSS - SINA short-sale target rallying into 200-day Moving Average

Published : August 22 2011 at 10:14 ET

Sina Corp. (SINA), another weak Chinese internet, is moving into shortable territory around the 200-day moving average at 94.37. We consider the stock shortable at these levels, after which one could use a tight stop of 3-5%, or simply ue the 50-dma at 101.44 as your ultimate upside stop.

For purposes of fair disclosure, we have a position in SINA.

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