Looks like another triangle forming with a resistance around 4.37. I reckon it will hang around in this area for the next few days. It needs more bullish catalysts to drive up further.
I expect the price to move sideways within the pitchfork until the Q4 2020 earnings announcement in March. Without any super bad news, worst case is I don't expect the price to go lower than the 0.618 fib retracement.
Company is strong and I expect the price to go up further after the next earnings announcement.
TRXC is trending pretty well along the trendline. You can see that the price has retested the resistance around 2.27. Once it goes beyond the 2.27 milestone I expect another large jump to the upside. It will probably be met with some resistance at 2.62, which was the high that was formed on 14th January 2020.
Price retraced to the 0.618 fib (C) from B. A pennant flag is being formed. Looks like a breakout on the upside is about to happen in the next couple of days if it remains above the lower pennant trendline.
