SINA Finally Retreats. Watch This Level
Sina Corp.(NASDAQ:SINA) has rallied sharply higher since early March. Today the stock is trading lower by $1.35 a share to $106.30 a share. Traders can look for a small intra-day bounce around the $105.90 level. Please remember that this stock is overbought on the daily chart and the bounce higher may not last very long due to the overbought condition.