I think this has a range to stay within if its going to survive Ideally it will stay within the 86 to 70 cent region, any further break down and we are in no mans land. Even now we are in uncharted waters for this stock which has traditionally show much support and bounce at $1.45 Sub $1 can either be a steal or bad news bears. would DCA in this position and...
Speculating end of A Wave, now in the beginning of an Elliott triangle or a variation of ABCDE pattern. Bearish. Early stage of pivot if real, as none of the volatility, parabolism, volume weight indicators have caught up yet. And it shows - I have not bothered to wait for confirmation. Agressive stance therfore. We are not in the business of getting every...
NASDAQ:SRNE Possible Scenario: LONG Evidence: Price Action, Break-out confirmed TP1: 11.30$ Call options 17th Sep, Strike 9$ is safest bet *This is my idea and could be wrong 100%.
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$...
My last post in January was wrong. Here is how it looks to me now. Often volume drops toward the end of the triangle. Personally I will take profits at "D". Process your way. Have a good week.
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...
Sorrento is trading within the clear yellow channel. A lot is in the pipeline, but on any relevant news, according to my chart it has been perfectly trading within this pennant. Fibonacci levels will act as resistance and the price will be shorted down again when reached.
DR JI IS BACK FOR HIS REVENGE. SRNE FALLING WEDGE AND GAP FILL TO 12s can be seen. Dr Ji will always burn the shorts. Shorts, get ready to cover yourself.
Looking for the juice? Here's where it's at ... . Options Highly Liquid Single Name >$10/Share With Earnings in the Rear View, Sorted By 30-Day with a >50% Cut-Off: CRON (43/236) (Cannabis) AMC (21/218) (Theatres) TLRY (40/185) (Cannabis) SRNE (5/165) (Biotech) INO (4/145) (Biotech) ACB (11/127) (Cannabis) NKLA (12/125) (EV) CGC (23/99) (Cannabis) NCLH (4/99)...
As long as the company continues to provide decent news and progress, I believe this pattern will prove itself. The market went down hard at yesterday's session and recovered strongly, I believe that SRNE weak hands were washed out in that move and now it will be easier for it to move towards the highs. If the volume goes down and the price will move...
I didn't want to publish this idea, but I put it public in case it comes true. I hope to get the end right. I'm a beginner and I'm learning so I accept any comments. No quería publicar esta idea, pero la pongo pública por si se cumple. Espero acertar el final. Soy novato y estoy aprendiendo así que acepto cualquier comentario al respeto.
SRNE have been volatile for awhile but one of the best player in the COVID time , analyst targeting high price 25$ to 30$ and currently undervalue considering the revenue from the test kit alone and may be going to target price with further development in the pipeline products and more development in the treatment and vaccine
SRNE has been a very bullish stock. Nice consolidation, wait for the break, and go long!
...$FLDM ..w earnings early Feb and as Covid19 plays run today, diagnostics/ genomes all in ONE here w/ FLDM
Currently shorts are controlling the stock. Seems that it found it's support and we might see a short squeeze in the upcoming 1-3 weeks.
Accurate Due Diligence in the links below. Best CEO ever, dr HENRY JI phd. Target price 10$ so he can unload his shares! SRNE has 30% short interest. Short squeeze incoming dont short it! dont ruin your family! twitter.com www.youtube.com www.youtube.com
Below 5.70 Short PT @4.79 Ideal PT @3.40 SL @5.32 Above 7.26 Long PT @7.97 PT @8.33 Ideal PT @10.31 then 11.76 SL @6.65 Leaning on bullish as long as it holds above @5.6. Holding below @5.32 and we'll retest @4.79 then @3.40 rock solid support.
Thanks @smallcapper on Stocktwits for reaching out! Here ya go!