SIEN at key resistanceSIEN has had an amazing run despite negative earnings and is currently showing weakness/indecision at a key level of resistance. Switching to the weekly chart shows nicely where price has tested this level before. The last time it was above it and then came below this level price crashed HARD!
I am bearish on this one... This could mean the momentum is drying out but we all know that shorts can also get trapped! Stay safe out there ;)
Sien
SIEN getting ready to make a big moveThe setup is good. Once manufacturing announcement is made, hoping for a strong retrace upward.
$SIEN getting ready for a moveBack at it with $SIEN. Looking for that breakout to $9 as it crosses 8EMA. Stop loss below support line
Will buyers hold this level on SIEN? Probably Will buyers hold this level with earnings out of the way? I believe they will as they have done before. Recent acquisition of a scar tissue company and strong guidance for 2016
SIEN could breakout againSIEN looks to breakout again before earnings with their products going back on sale
Cup and Handle forming on the larger time frames
SIEN breakout above $7.00SIEN CEO was granted almost 250K in options with strike price of $5.92 expiring in 2026. Her now owns 880K shares now.
Looking for break above first resistance at $7.00 to fill at $9.40 within the next few weeks.
$14.40 potential within next few months if trend line holds
