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gamer456148
Jun 9, 2020 6:43 PM

SLNO: Buying the Dip, Bullish Long

Soleno Therapeutics, Inc.NASDAQ

Description

First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, SLNO (which I been watching for a while), caught my interest again. I think today given the price decrease and retracement expectancies, it currently looks like a price dip is happening. I expect the sale target to be close to the $3.55 range, making this quite bullish.
Comments
Brisco1
Hmm it has caught my eye too...
gamer456148
@Brisco1, Yeah, I don't think it can be too much more bearish than it already is
Brisco1
@gamer456148, I got in at 2.09, it was 1.95 when I started watching the chart a few minutes ago. Seeing it move 5% in 5 minutes, and the buy signal was there on the MACD, RVOL at 59. I hesitated because of the unsuccessful drug trial, but the price action says a lot. Keeping my fingers crossed!
gamer456148
@Brisco1, Same. I barely sleep analyzing the markets, and this is one of my few choices going down, so think it could retrace.
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