SoWaVvY

SNSS short based on BB and RSI

Short
SoWaVvY Updated   
NASDAQ:SNSS   None
MY OPINION: Jumped into SNSS at this low signal of 4.24. This drop in share price occurred after recent earnings report on March 8th. This is a psychological pitfall, expecting shares to jump back between the middle and bottom Bands by mid week.

THE FACTS:
The company reported $0.21 earnings per share for the quarter
Sunesis Pharmaceuticals has a 52 week low of $1.82 and a 52 week high of $7.69.
Among 5 analysts covering Sunesis Pharmaceuticals, 2 have Buy rating, 1 Sell and 2 Hold.










Trade active:
$SNSS pushed wayyyy down to 3.5 as of now. Waiting for the bulls to run it back up. Still looking at a PT of 5.00-5.20
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