Hubert Senters here.
Let’s take a look at SRNE. And I know I have a thick Kentucky red neck accent. So if you can’t hear what I’m saying sometimes. If you just lok behind the chart it will say SRNE. In the upper left hand corner SRNE.
Anyway, one day buy signal here above the cloud $9.50 on a cheaper equity. The only thing I don’t like is the ADX is a little low.
But you might be ok on this one because the ADX is bottom and headed towards $20 which sometimes will imply that it could potentially get a little attraction and potentially go higher.
Now, one thing I like about this versus a lot of penny stocks and I consider anything under $10 like a penny stock.
It’s not a classical definition but that’s how I look at it. This thing has had some upward moves. Up and down where a lot of penny stocks. They have an up move and it’s always down.
This one looks a little bit better. It could potentially rise as high as about $12.
I’ve been invited to speak at the Wealth 365 event so I’m going to HYPERLINK you to the registration page. I will be discussing and sharing with you ”How to Find New Trend Trades in Two Simple Steps.”
Look if you’ve missed the Zooms and the Teslas of the world in 2020 the market is going to be substantially different in 2021. It could be bad. It could be good. It just all depends.
If you don’t have this information and you don’t know how to act upon it you could lose out so that’s what I’m going to share with you over there on the webinar.
Good luck. Hope it helps. See you on the next video.
Hubert.
