Danny91107

Sngx possible uptrend coming after -25%

NASDAQ:SNGX   Soligenix, Inc.
Long term indicators fully support a continuation of the down trend.
The market is approaching oversold territory. Be watchful of a trend reversal.
divergence is spotted using rsi in combination with price action which could possibly mean an uptrend may come,
especially after a 25% drop to all time new lows this year.
also the 20 sma has bearishly crossed over the 200.

this stock is a 100% sell on Barchart, be careful trading against trends.
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