SRNE Long

SRNE is an interesting one. Just looking at some moving averages it might be looking like this stock is headed towards a massive run. If you beleive history repeats itself then you can see that the last time the 20EMA crossed the 50MA was in April. SRNE has not accomplished that yet but if it does I think it could be rather good long position. I would set a stop loss around the POC at about $8

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Trade closed: target reached:

25% +

Comment:

watch and see if SRNE form a similar cup/base on this next move.

i think below $8 this may be a good buy