Chopstick_Charlie

Battered biotech.

Lång
NASDAQ:SRNE   None
Sorrento therapeutics is a chart that interests me. Measured move from pennant hit exactly which explains the bounce but I am anticipating a move down to horizontal support at 1.50.
Will go into more detail on the daily chart.

RSI flashed into oversold conditions recently however no bullish divergence.
High risk high reward however any buys in this area, in the past has paid off well.
Very volatile swings.



Kommentera:
Renko on the monthly is holding support for now.
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