TRXC is currently trading in a triangle. Should finish this week, expect a breakout next week.
Trade closed manually
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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.
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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.
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TRXC is now trading in a new channel. New chart will be published.
Trade closed: target reached
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Broke out, currently consolidation. Trading in a new channel. Check out the new chart.
Its consolidating. 2.60-3 is still a good price to enter and keep it long. Traget 20-24
THeLIStR
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@justimm, Yes very true. This is definitely a long term hold with a very high potential. It is just that the short term seems to indicate sideways action for now. At least until the FDA approval.
nirbhaysingh11
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Super Chart. I saw the 3$ range as a support as well and made position here too yesterday. Thanks a lot man please keep up the good work. You are really accurate.