traderprosignals

SENS BUY/LONG NOW READY! 2.95 TO 6.75 BY SEPT 2021

Long
AMEX:SENS   Senseonics Holdings, Inc.
TICKER CODE: SENS

Company Name: SENSEONICS HOLDINGS, INC.

Industry: ELECTRONIC TECHNOLOGY. ELECTRONIC COMPONENTS

Position Proposed: BUY/LONG

Entry: BUY READY (2.85-2.95)
1st Partial Take Profit: 5.67 (JUNE 2022-AUG 2022)
2nd Partial Take Profit: 6.75 (OCT 2022-DEC 2022)
Potential Full Take Proft: 9.93 (Mid YR 2023- Early 2024)


Stop Loss: 1.65-1.70

Technical Analysis
1. Speaker Phone Formation would Indicate a Potential BUY to Take Profit Levels.
2. Inverse Head & Shoulders forming indicating a Potential BUY to Take Profit Levels.
3. Flagpole + Falling Wedge Formed and Done Retracement indicating a Potential BUY to Take Profit Levels.
4. Fibonacci levels indicate a Retracement at Golden Zone (0.786) to Levels 5.67, 6.75, and FInally 9.93 in the Following Years.
Comment:
The market should pullback to 3.45-3.50 range. Look for buy entries around that level!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.