premieranalysis

T2 Biosystems - 3.90 or 1.00 ?

Long
premieranalysis Updated   
NASDAQ:TTOO   T2 Biosystems, Inc.


Preliminary unaudited fourth quarter 2020 total revenue is expected to be $7.8 million, including product revenue of $5.8 million, representing growth of 155% and 274% respectively, compared to the prior year period
Preliminary unaudited full year 2020 total revenue is expected to be $18.1 million, including product revenue of $11.7 million, representing growth of 118% and 119% respectively, compared to the prior year period
The company is making progress but they’re still not hitting their own goals !

TTOO has 50% fibo touch retracement. If it breaks the support, then the price will reach 1.74 ;
Price 2.50 is a monthly strong support / resistance ! If it breaks the resistance , then the price will reach 3.90 ;
LONG in the next 12 months

Trigger: Waiting for a momentum candle close below the gray area to buy.
Good luck!
Comment:
perfect ! price > 3.40 .
Comment:
On Friday, the price had a gap in the premarket but then dropped to close to the maximum recorded a few days ago (January 26). Watch when the withdrawal ends and then you can buy for a minimum 20% return on investment.
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