As I mentioned earlier,SNTA broke out on 4/10,but gave up all gains from 4/9.
SNTA will need a little more volume which will be provided by shorts covering and moving on to their next target......or covering and then buying shares to hold long for speculation..This will create a snowball as the shorts try to avoid losing all profits,volume escalates,and momentum traders jumping in.
SNTA,after breaking out on 4/10,has been retesting the lows as the shorts try to wring every last cent from it.
If we do not see a breakout on 4/22....I will be surprised but at worst,breakout is in the next few days and should see resistance @ $4.62.....slow or fast...I do not know
If it breaks out in a few days,I see analyst projections of $13-$23 happening within the year.
The macro 3rd wave up
In other words....positive news about Ganetespib