SRNE seems forming a fallen angel formation. It may not be ready for a long term up trend but certainly ready for a short term push. It also has big insider buying on the 19th April. However We would look for a smaller play as stoploss is quite big here.
* Trade Criteria * Date First Found- April 26, 2017 Pattern/Why- Fallen angel Entry Target Criteria- Break of $2.08 Exit Target Criteria- $2.63 Stop Loss Criteria- $1.58 (May consider $1.64)
Please check back for Trade updates. (Note: Trade update is little delayed here.)