TRXC is currently trading in a triangle. Should finish this week, expect a breakout next week.
Trade closed manually:
Not breaking out, seems to be consolidating around 3$ support until FDA approval. I doubt the approval will be big enough a catalyst in the short term.
Comment:
Seems like it double bottommed and then broke out. Most likely the top of old channel with become bottom of new channel which means that 4$ will be retested as new support soon.
Comment:
TRXC is now trading in a new channel. New chart will be published.
Trade closed: target reached:
Broke out, currently consolidation. Trading in a new channel. Check out the new chart.