$SBAC - Short & sweet Not sure why I didn't post this earlier, just now saw the insider sale of -56% change & caught my eye. Luckily I had the layout saved & it was right how I left it lol. -$20M outflow, wild. Chart isn't based on that just of itself though, was a reminder of $AIZ recently, ($TSLA too but, yeah). Possibility of seeing 141%, but would be much safer on the short side. Link to insider sale if anyone wants it - openinsider.com
SBAC trade ideas
SBAC strong weekly uptrendSBAC has been on a strong bull run since the beginning of 2012 and began to be of interest when it broke above $60 later that year.
However, trading it from the daily would have required quite wide stops to accommodate the frequent, fairly prolonged and deep pullbacks. The set-up in the last few days looks promising but I would want to wait and see a more linear trend develop before risking my capital on this one.