Will_Wong

TRXC-long term EW count reveals that this has been in a down

Will_Wong Updated   
AMEX:TRXC   None
trend since the beginning. A long sweeping leading diagonal took it down to wave (I). Wave (II) ABC also appears completed. Wave A=C has a target of $5.75 which was already reached recently. C can extend further but the 200 ma is a formidable resistance. The ER on 8/7 could end wave (II).
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