Soleno Therapeutics SLNO is looking horrible! Can it go higher? URGENT

SLNO Stock Price

SLNO Stock Price has been trying to recover since it’s July high of...

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SLNO Stock Price has been trying to recover since it’s July high of almost $1.18.

Wondering why this stock is having such a hard time and if it can break the overall trend?

Before we do, remember to stop what you are doing and 👇 Sign up for our newsletter to get the latest breakout stocks and trending stocks!

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Before we get started, I wanted to introduce myself to you. Hi 🙋‍♂️ I’m Alexander Goldman and I have been successfully trading breakout stocks and trending stocks for two decades now.

I’m now helping traders find breakout stocks. My claim to fame is the expert at finding trending stocks.

What do I mean by big winners?

Stocks that move more than 100% in a month! SLNO Stock Price could?

Does that always happen, NO! But, I’m very good! Take a look at this article I wrote, where I called 5 stocks, 3 losers and 2 winners and they all did what I thought!

The article is HERE where I shine a spotlight on trending stocks and breakout stocks!

Now, let’s go over some of the basic information on this stock before we get in the technical analysis

Soleno Therapeutics Inc. Company Information

Company Name: Soleno Therapeutics Inc.

Ticker: SLNO

Exchange: NASDAQ

Website: https://soleno.life/

Soleno Therapeutics Inc. Company Summary:

Soleno Therapeutics, Inc. engages in the development and commercialization of novel therapeutics for the treatment of rare diseases. The firm focuses on the treatment of metabolic and neurobehavioral disorder. It offers its lead candidate, Diazoxide Choline Controlled-Release (DCCR), an oral tablet for the treatment of Prader-Willi Syndrome (PWS). The company was founded on August 25, 1999 and is headquartered in Redwood City, CA.

SLNO stock price is due to News?

May 19, 2022

Announced presentations at the upcoming 2022 European Congress of Endocrinology (ECE), which is being held May 21-24, 2022, in Milan, Italy.

SLNO 5 Day Chart

SLNO stock price

SLNO Stock Price Technical Analysis:

There is great opportunities to scalp some serious returns with this fast mover but right now is not the time. There is too much downward pressure but I would like it if it was around $.17 and confirmed a breakout, so keep your eyes on this beast because it is good for 20-40% gains when timed correctly.

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