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Sunesis Pharmaceuticals, Inc. Message Board

  • mauricethepantsman mauricethepantsman Mar 8, 2014 10:10 AM Flag

    Looking forward to Monday!

    SNSS is about to experience another bullish breakout. The 50 day MA ($5.01) is about to cross the 200 day MA ($5.04) and when it does that will be a very bullish signal. The MACD is positive and pointing up, the PPO is positive and also moving up.

    The next pivot point is $7.48 which is the first level of resistance going to $7.68 which is the second level of resistance.

    The upward momentum of the last two trading sessions, albeit positive gains in the pps, was slowed by the bio's being beaten down badly, particularly on Thursday of last week. Had the bio's been in a favorable trading light SNSS would certainly have gone to $8.00 IMHO.

    I'm enjoying the ride, as I'm sure all longs are. I think the shorts are going to feel a lot of pain in this coming week of trading.

    GLTAL!

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SNSS
2.26-0.03(-1.31%)Mar 6 4:00 PMEST

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