Long
$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.
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.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.