SRNE Analysis .

There is a considerable probability for NASDAQ:SRNE will break the black line .When it does , I think it would have a good chance to rise .The 3 Buy targets would be around the blue lines at around 8.9-11.9-12.9 respectively . But If it fails to break the black line with a powerful bullish candle and close above it, there would be a considerable chance to return to around the 5.75-5.5 area which would be a more interesting price to buy at .
Beyond Technical AnalysisTechnical IndicatorsTrend Analysis

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