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Biotech / Medical : Biotech & Pharma.T.A,
BIB 84.97+2.2%Feb 2 4:00 PM EST

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To: Jibacoa who wrote (3246)6/25/2015 10:39:45 AM
From: Jibacoa   of 3722
 
SRNE has continued to perform well.<g>
It is up 25.55% for the month with volume over 10Ms.<g>

The stock made a 52 weeks H when it traded above its March 2014 H of 16.40 on June 8
It made another H at 17.80 yesterday and today is up 2.14% from the close, but the H so far has been only 17.60<g

The resistance to watch, besides yesterday's H, is the June 2013 H at 22.50

The stock is now trading above the EMA50 on its monthly chart.
The Low in 2009 was 2.50 but in March 2010 it was able to trade above 74 <g>
And in April and May 2010 it traded at the 75 level, so the stock has plenty of room to run.<g>
stockcharts.com

Bernard
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