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gamer456148
May 31, 2020 7:34 AM

Current Price of SLRX too Low: Short Term Breakout Potential Short

Salarius Pharmaceuticals, Inc.NASDAQ

Description

First 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, let me get into a few insights. SLRX had one of the biggest yearly price declines, and bearish runs. Looking at the indicators, and company activity, you can still see some potential however. Currently, I'm waiting for a gap fill so this starts rallying. I also think a positive wave correlation is still likely to happen quite soon and it could even double in price. I'm bullish on this and some technical indicators are giving it a buy, while analyst are giving it a hold.
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