Speculating end of A Wave, now in the beginning of an Elliott triangle or a variation of ABCDE pattern. Bearish. Early stage of pivot if real, as none of the volatility, parabolism, volume weight indicators have caught up yet. And it shows - I have not bothered to wait for confirmation. Agressive stance therfore.
We are not in the business of getting every...
I think that in final of August SRNE start a new rallie, I hope that start early than I think.
On the graph you can see my prediction lines :
Red -> Resistance that if overcome will become support.
Orange -> Our resistance lines that we try to broke, I think that will broke the bearish trend almost late Agust, September 1th and we take over the line of 9,5$...
This could be an important area for SRNE right now. You've got Fibs and major moving averages all converging at the same point. News today:
"Sorrento Therapeutics, Inc. (Nasdaq: SRNE, "Sorrento"), a clinical and commercial stage biopharmaceutical company developing new therapies to treat cancer, pain and COVID-19, announced today the availability of a...
