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Stock Market & Financial Investment News

News Breaks
December 11, 2012
10:55 EDTSINASINA tests its 10-day moving average, levels to watch
The shares have ticked at the underside of the 10-day moving average, last at $43.62 and still resistance. This could be a make or break moment for the stock technically. A breakout that holds above the 10-day would be price-bullish. Equally a failure at the 10-day could mean a continuation, and possibly acceleration, of the downtrend. In that event support would be at $41.14.
News For SINA From The Last 14 Days
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March 25, 2015
10:16 EDTSINASINA calls active as shares move off lows on renewed takeover speculation
SINA March 33 and 34 weekly calls are active on 6K contracts (1K puts) amid renewed takeover speculation. March weekly call option implied volatility is at 48, April is at 30, May is at 33; compared to its 26-week average of 37 according to Track Data. Active call volume suggests traders taking positions for large price movement.
10:07 EDTSINARumor: SINA moves off lows on renewed takeover chatter

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