JoeHayes
Long

Momentume Divergence to take SD back to $2

NYSE:SD   SANDRIDGE ENERGY INC
Clear bullish momentum divergence being seen on SD             with a pin bar yesterday that occurred on above average volume . Looking for SD             to move back to $2.
I hope so:) nice chart
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JoeHayes scottzman
Thanks Scottzman. Actually could be considered triple divergence with the swing lows in December. We shall see.
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Hi Joe, what do u think. Is that idea still valid ? Looks like SD had a new historical low.
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JoeHayes UPPgrayyed
Insane volume creating a pin par on Friday. I'd say if it breaks Friday's highs - she's gone. stops moved up to below Friday's low would make sense at this point.
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