Sorrento SRNE finding a bottom?

Looks like SRNE is trying to bottom on .236 Fib retracement. Looks to be oversold for a quick move back to EMA's. This right shoulder should take some more time to form especially if it is a inverse head and shoulders with a big move coming. The green trendline is from a multiyear chart downtrend. A break of this downtrend could make for a nice longer move up .