$SRNE - set to pop-up to 10.50

I'm long in this stock and been studying it for quite a well.
Strong pipeline and recent news on agreement with Texas A&M University System around one of it's development related to fighting Covid-19 by inhibiting MPro enzyme.
The company also has several other programs to address Covid-19 as well as cancer, immunological diseases and pain.

Technical set-up shows the accumulation of the momentum to break above 9.5 level to target 10.5 resistance. Key level of 9.20 serves as support as well as upward 6-month channel with H&S formation.

This is just my own analysis, which I'd like to share with TV users for comments.
Put likes if you see sense and I appreciate your comments if you believe this analysis misses anything.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.