Dc1392

ASXC at a crucial point.

Long
AMEX:ASXC   Asensus Surgical, Inc
ASXC is a company i have done alot of DD on thanks to Deadnsyde who also breaks down the company really well. If you look at other similar companies they are trading at higher prices and this industry isnt that much attractive for now. They arer trying to revolutionize the way doctors conduct surgeries, and are getting very good reviews world wide. Daily chart is showing that the price is at a crucial point and will be interesting to see where the price opens tomorrow morning. Seems like we have broken resistance but is trading right above the line. RSI is heading down, and MACD looks ready to turn red. Will be interesting to see how the week goes for the overall market.