Shares of Sarepta Therapeutics Inc (NASDAQ:SRPT) are trading in a triangle between $26.75 and the down-sloping major trend line that forms the top of the triangle. This can be seen in the stock chart below. Top traders believe this will continued until the resistance point is broken. Once that happens, every smart trader should be on board because the stock will likely make a mega surge to at least $45, maybe even seeing $60. This means there is 50-100% upside in Sarepta Therapeutics. Safe investors should wait until the triangle pattern is broken to the upside to buy. This limits risk but keeps major reward in play.
Investors see stock chart trade on Sarepta Therapeutics Inc
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