Looking at the longer charts here on SINO and it really does start looking like a great earning play. We have a soli Shipping company, which has a long history of massive bursts PreMarket. A great series of catalyst with all the hype around Crypto and their new mining operation. Even better, I would normally hate to see an offering kill the momentum, but with today's offering, we have a built in floor at $6.8 in the short term. All this pushing us into a positive earnings report due here on Feb 16th. I took a swing position here today at $7.46. Was looking for a $8.50 move for a day scalp but it's got more for a longer swing here. Holding into earning or until the next $10 pop.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.