Tuesday, July 6, 2010

The end of Dend?

Not really. I just have no track record of success in trading Dendreon (DNDN), but let's look at someone is a master of the stock. StockGuy22 went long for a short-term trade today and explains why on this chart. He's one of the best at reading charts and riding bounces, and his biggest gains have come on DNDN on the long and short (puts) side. Worth checking him out.

I have no plans to trade DNDN unless it dips back to 25 (last week's low), but that won't stop me from watching StockGuy22's strategy.

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