TRANSENTERIX INC

TRXChttps://www.tradingview.com/x/LB3ibB1w/

https://www.tradingview.com/x/yzLakR48/

https://www.tradingview.com/x/jhhrt8Es/AMEX:TRXC

I'm looking to the price action to see for a possible completion of this AB=CD pattern. Let's see if there is a breakdown on this small degree uptrend. A strong breakout above the 2,25$ level invalidates this setup.

Go long the TRXC if it trades at 4.37 or higher. If triggered, place your stop at 4.05 and exit the position for a profit at 4.58 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely). Learn the rules of a strategy at: https://www.udemy.com/make-consistent-profit-using-pullback-candlestick-strategy/?couponCode=signaldiscount

Go long the TRXC if it trades at 4.2 or higher. If triggered, place your stop at 3.94 and exit the position for a profit at 4.34 or at your own discretion. (Signals are valid for today only. Always invest wisely). Learn the rules of a strategy at: https://www.udemy.com/make-consistent-profit-using-pullback-candlestick-strategy/?couponCode=signaldiscount

I've known for a while that TRXC is a pump but the stock have held pretty well. Then on Friday this expose http://bit.ly/1Tvw0It came out on Seeking Alpha with the title "Watch For A 60% Decline After Stock Promotion And Disappointing Sales". It dropped a bit but not really much. Knowing it's a short-squeeze-friday, I waited for a bounce and shorted at $3.85. I ...

Volume is thin at the top

TransEnterix is developing the SurgiBot, the first device to directly compete with Intuitive Surgical. In April of 2014, TransEnterix priced their secondary offering on the worst day the Nasdaq had experienced since 2011, which sent their secondary offering price from the $8.00 range to $4.00. In June of 2014 the company was included in the Russell 2000, which ...