BitterSweetMarkets

Sunedison Testing Support, but will it hold this time ?

NYSE:SUNE   SUNEDISON INC
215 1 4
From the lows of 1998 the 1.20 area has provided solid support numerous times over the years. With almost a mirror image post 2008 we once again find ourselves re-testing that Support level . From a Technical perspective going Long would be the obvious choice, however the news surrounding Sunedison             could suggest otherwise. So in this case i will be looking for confirmation for direction before i enter a position. Going Long now would be very aggressive in my opinion.
http://fortune.com/2016/03/24/sunedison-confronting-default/?xid=yahoo_fortune

This company is dangerous. It could go nuclear in one week.
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