itssean310

itssean310

I believe that with this recent break of a multi-year triangle, SANM has much more upside

itssean310

On a monthly basis we are bumping up against downward trendline. The Directional Movement is increasing, if ever so slightly. It would be interesting to see if the stock did indeed break the trend. Trade what you see, not what you think.

itssean310

Could possibly be breaking out of this triangle. (or could not). The $35 M purchased by insiders within the last month gives me a little added conviction.

itssean310

Upper trendline begins January 1,2011. I think we stay in this channel, with the lower trendline 10% below. MACD is beginning to curl up as well as the bollinger bands expannding.