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Stock Market & Financial Investment News

News Breaks
January 18, 2013
10:14 EDTSINASINA has a potential bullish pattern on the daily chart, levels to watch
There is a potential bullish flag pattern developing on the daily chart that will become active on a breakout above $56.14, the top of the current price channel. Upside potential if the pattern triggers and completes would be to the $61 area. The pattern would be voided on a break below the current price channel, today at $54.
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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