Long
SRNE update
this is my primary count - reference my previous post a few weeks back ( 
)
as i saw a possible Head and Shoulders formation..if this is still valid - which yesterday+today's market action is in congruence with this possible trend then we can expect higher highs in the very near future...around the 4.60-5.02 range
however, also could still be in an ABC correction and having just reached the completion of the "B" position....and of course following the "B" position will be a final "C" correction lower than the previous low at around $2.12. (somewhere between $1.90 - 2.06)
a secondary post to follow this with my secondary count.
as i saw a possible Head and Shoulders formation..if this is still valid - which yesterday+today's market action is in congruence with this possible trend then we can expect higher highs in the very near future...around the 4.60-5.02 range
however, also could still be in an ABC correction and having just reached the completion of the "B" position....and of course following the "B" position will be a final "C" correction lower than the previous low at around $2.12. (somewhere between $1.90 - 2.06)
a secondary post to follow this with my secondary count.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.