Replies to post #1165 on Sorrento Therapeutics Inc (SRNE)

[midas716]

I smell breakout. Glad I bought 5k more at 2.49. 20ma going to cross the 200ma real soon with a PPS breakout above the 200ma which has been acting like resistance. Fidelity shows next resistance of $5.20.

Technical indicators:
10/20 - Triple moving average crossover (bullish)
I don't quite see this in the chart though.

10/20 - Beginning Wave 2 of the Elliot Wave cycle (bullish)
10/26 - Flag formation (bullish)
10/27 - Inverted Hammer (bullish)
10/30 - Second Inverted Hammer with Higher high and higher low (bullish)

She's almost definitely getting ready to go again. I give it 1 to 2 days max.