goodguy

SRNE: short term update. Possible correction just ahead.

Long
goodguy Updated   
NASDAQ:SRNE   None
On the 15 minute chart from today you see a little triangle. If price jumps up out of this it may well go to the next resistance line at .618 around 17.30. This is at the mid line of the channel which can also sometimes act as a resistance point. IFFFF my EWT count is correct we may get a 3rd wave consolidation after this or possible this could be a top. So watch for a possible reversal candle pattern or up line break in the next couple of days.
All predictions are just a guess. So:Process your way.

Comment:
Trade closed: target reached:
Current target hit. Partial position sold.
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