I entered long positions at 50c and 52c because, respectively, I saw critical support levels holding up and because the reversal signal was confirmed. With the stock spotting weaker numbers, I got back in more with a trading mentality. The question really was when to sell? Technically, I was not convinced that the declining 20d MA was a strong resistance because I saw low volumes as price hit it and softened. A much stronger resistance, I thought, was at 57c. If you take a look at the chart, you will probably see why I thought so. Fundamentally, Sound Global had a bad 4Q 2012. Earnings sank some 46%, quarter on quarter, and some 23%, year on year. All said, the company is still very profitable and it is still growing. Its biggest problem stems from much higher finance costs and although I feel that the longer term big picture still looks good for the company, this will remain a ......