In Tuesday evening’s Forecast Report, STEC (STEC) offered a short sell signal near 16.50 to 16. A secondary area, where some of the strongest evening liquidity emerged, was targeted at 17.
The 17 area has been elusive for this stock all day, but a short sale at the 16.35 high has proven itself a sound trade. That trade, as measured from the 16.35 pre-market high to the 14.34 day low, is a 14% winner.
