Tuesday, April 18, 2017 10:08:15 AM
We want to put an observational tag on both Sorrento Therapeutics, Inc. SRNE and OncoMed Pharmaceuticals, Inc. OMED. Both of these stocks have taken serious beatings of late, and consequently, are in extreme oversold territory. Chances for recovery plays here seem quite high, so we're going to watch for these to establish higher lows in sessions ahead.
Successful Trading is the art of minimizing long term risk and maximizing capital allocation.
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