OBalazs

Spike is not likely, but long-term looks like bullish.

Long
NASDAQ:SLS   SELLAS LIFE SCIENCES GROUP INC
Great resistance at 7$, with low volume . It looks like it won't go under 7$ again for a while. SLS entered into a share purchase agreement with institutional investors! 7$ per share.Total 16.2 Million $. Once the registered direct offering is closed (yesterday or today? im not sure), I think we will see it at the 10$ level. Institutional investors get in at 7, of cousre they want to make profits. I think it will create bullish reactions. In my previous idea about SLS I wrote about a potenital spike. I don't see that coming, I see a slow but continuous uptrend. I would not be surprised if it was over 10 or 15 $ by the end of the year. These are just my own opinions. I can be wrong. Good luck.

Comments

yes, no way this will go under 7
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OBalazs distinctCockat96769
@distinctCockat96769, I was wrong :)
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100000% agree!
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OBalazs nd_a2000
@nd_a2000, Thank You Sir!
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