{"id":19083,"date":"2014-04-09T10:04:01","date_gmt":"2014-04-09T14:04:01","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=19083"},"modified":"2014-04-09T11:43:38","modified_gmt":"2014-04-09T15:43:38","slug":"technical-update-sorrento-therapeutics-inc-nasdaqsrne-kingold-jewelry-inc-nasdaqkgji-voxeljet-ag-adr-nysevjet","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/technical-update-sorrento-therapeutics-inc-nasdaqsrne-kingold-jewelry-inc-nasdaqkgji-voxeljet-ag-adr-nysevjet-19083","title":{"rendered":"Technical Update: Sorrento Therapeutics Inc. (NASDAQ:SRNE), Kingold Jewelry Inc. (NASDAQ:KGJI), Voxeljet AG (ADR) (NYSE:VJET)"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 04\/09\/2014 (wallstreetpr) &#8211;<b>\u00a0Sorrento Therapeutics Inc. (NASDAQ:SRNE)<\/b> is currently trading below its 50 day and 200 day moving average at $11.87 and $9.21 which is a bearish sign when it comes to short term traders.<\/p>\n<p style=\"text-align: justify;\">Short term traders can go short on this stock with a stop loss level at $9.10 with a target of $7.86.<\/p>\n<p style=\"text-align: justify;\">Traders with high risk appetite can go long on this stock as the RSI has entered oversold zones and can see a bounce but should maintain a tight stop loss at $7.86 and a target of $11.00.<\/p>\n<p style=\"text-align: justify;\">Positional traders can short the stock if it closes below $8.92 on a weekly basis for targets of $6 in the short term<\/p>\n<p style=\"text-align: justify;\"><b><\/b><b>Kingold Jewelry Inc. (NASDAQ:KGJI)<\/b> is currently trading at lows and below its 50 day and 200 day moving averages at $1.73 and $1.57. Short term traders can buy small quantities at the current levels because we might see a bounce from such oversold regions. It is Imperative for traders to keep a strict stop loss at $1.10 and keep targets at $1.4. Positional traders, on the other hand, can short the stock with a stop loss at $1.52 and targets of $0.96 as momentum indicators have given a sell sign.<\/p>\n<p style=\"text-align: justify;\"><b>Voxeljet AG (ADR) (NYSE:VJET)<\/b> has broken below all supports and is also below its 50 day moving average at $31.44.The stock has its relative strength index in the oversold area, and we believe we might see a bounce from these levels albeit a small one to levels of $23.50 in the short term.<\/p>\n<p style=\"text-align: justify;\">Traders can take a very small long position for the above mentioned target with a very strict stop loss at $19.80.Positional traders if long in the stock can keep holding onto their positions but should have a strict stop loss at $18<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 04\/09\/2014 (wallstreetpr) &#8211;\u00a0Sorrento Therapeutics Inc. (NASDAQ:SRNE) is currently trading below its 50 day and 200 day moving average at $11.87 and $9.21 which [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":17769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236,264,263],"tags":[5947,5948,5388,5950,5387,5949],"stock_ticker":[],"class_list":["post-19083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-health","category-technology","tag-kingold-jewelry-inc-nasdaqkgji","tag-nasdaqkgji","tag-nasdaqsrne","tag-nysevjet","tag-sorrento-therapeutics-inc-nasdaqsrne","tag-voxeljet-ag-adr-nysevjet","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Technical Update: Sorrento Therapeutics Inc. 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(NASDAQ:SRNE) is currently trading below its 50 day and 200 day moving average at $11.87 and $9.21 which [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/technical-update-sorrento-therapeutics-inc-nasdaqsrne-kingold-jewelry-inc-nasdaqkgji-voxeljet-ag-adr-nysevjet-19083\" \/>\n<meta property=\"og:site_name\" content=\"Wall Street PR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WallStreetPR\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-04-09T14:04:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-04-09T15:43:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/03\/Sorrento-Therapeutics-Inc.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"176\" \/>\n\t<meta property=\"og:image:height\" content=\"60\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alan Masterson\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alan Masterson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/technical-update-sorrento-therapeutics-inc-nasdaqsrne-kingold-jewelry-inc-nasdaqkgji-voxeljet-ag-adr-nysevjet-19083#article\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/technical-update-sorrento-therapeutics-inc-nasdaqsrne-kingold-jewelry-inc-nasdaqkgji-voxeljet-ag-adr-nysevjet-19083\"},\"author\":{\"name\":\"Alan Masterson\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/e2af522c6015a6a581684f88e4c33c90\"},\"headline\":\"Technical Update: Sorrento Therapeutics Inc. 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