SLNO possible move up comingGaps consistently close on SLNO. We are due for major gap close soon possible 2x to 3x. Massive buying including insiders.
SLNO trade ideas
SLNO - Long Setup Lots of insider buying in June/July last year at $1.65-2.14. Big % and $ size. Possible entry above 1.20, Stop signal 1.07, Target 1 1.47, Target 2 Momentum. Small option chain but options available.
BIG RISK/REWARD ON SLNODear Traders,
As you can in the chart, SLNO is in the weekly support level, I expect launching toward the targets on the chart very soon.
*** This is not a financial advice, I'm still a beginner trying to share my Road here.
Than you.
SLNO to the Moon then MarsMarket Cap is so small that any Hedge Fund will pump this until trading bots start auto investing. When that happens we can see this stock close to $4.00 then reaching $8.00 based on momentum and FDA approval news.
Just my opinion, not investing advise, trade at your own risk
SLNO - Extreme Oversold Territory Going Long...SLNO - took a dive when the FDA demanded more testing of their latest drug. They are working on that and I suspect that we will see a retrace to 2.32 and possible sideways consolidation as the bulls sheepishly return to this little gem. I'm gonna run towards this as the bulls are running away. Be greedy when everyone else is afraid (Warren Buffet's play book) I'm going long! Price target of 2.32.
SLNO - Long Setup Watch for break of 2.78. Stop signal 2.47. LOTS of insider buying in June/July 2020. Big $ and Big % . First target 3.27. Second target momentum.
inverse head and shoulders (complex)reversal pattern at an ice line. confirmed breakout w/ a backtest. if this level of the neckline holds you'll see bullish div. on the 4hr. targeting the gap fill w a stop just below the previous low is 4:1 r/r. i picked a couple other peaks for targets beyond that. lil low on volume so position accordingly
Soleno Therapeutics, Inc. (SLNO) __NASDAQPrices of Interest 🧐🤔:
$1.96
$2.37
$2.62
Profit prices to consider 🧐🤔:
$4.58
SLNO: Buying the Dip, BullishFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, SLNO (which I been watching for a while), caught my interest again. I think today given the price decrease and retracement expectancies, it currently looks like a price dip is happening. I expect the sale target to be close to the $3.55 range, making this quite bullish.
The Low Cash, Mid Risk WatchlistFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, hypothetically if one had only $1000, how would they invest for the next month? I decided to devise a list of these 9 stocks that still could potentially be quite bullish for some longs. For the penny stocks in order to mitigate risk, I recommend only spending $200 on them with $120 of that at least allocated towards IDEX (Remember this is a long hold list). The rest of the $800 is devised on how you see fit based on thorough analysis which you can go and see what people are saying on StockTwits or Zacks . It wouldn't hurt though if you are an amateur to just try splitting the $800 evenly with the non-penny stocks. You can also try just spending $111 on each of those stock picks instead of $200 on Penny stocks and $800 on regular. Really how you want to diversify is up to you, as I think these stocks should be stable in general. That being said, this would be the watchlist I would monitor for a month or so if I was a student or a beginner. As always, risk is on you and take this on the basis of opinion.
SLNO: $3.81 Threshold, $4 Short; $10 Long TargetFirst off, please don't take anything I say as financial advice or seriously. As always, this is on opinion based basis. Investors have recently been quite bullish on SLNO despite not that impressive finances given its phase in clinical trials, and its retracement of the previous price correlation prior to its crash. I for once actually agree and am bullish as well for a buy target setting a short at $4 considering it quickly passes that $3.81 price point which I think it might very soon. Overall for a short it has a +21% potential, and for long you have an over 200%+ potential. It is up to Soleno to see how it performs. The analyst + me could still just all be dreamers given this is at least a medium to high risk stock.
SLNO - wait for monday for a potential tradeKeep it in mind. But we have to wait for monday for a proper setup.
GL
Inverse Head and ShouldersPT: 3.4 ≈60% Long 10 Mo long pattern, The longer the pattern the more significant the implications.
