It seem like everyday this stock shows up on my screeners so I’m not going to deny it the moment in the spotlight it deserves any longer. We are definitely in a major bull market in phrama stocks as they always make up a big portion of my scan results. The key is which one to buy? They have big potential returns but also big risks, so the best answer I can give is spread your money around in this sector.
While SNSS is clearly overbought going from $3.83 – 7.20, this will be worth looking at after it has a pullback to the $5.50-6.00 level. If this stock was on my radar that is where I would be looking to pick up some shares.
2 yr weekly chart
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