New narrow bullish channel
Updated
TRXC broke out and is now trading in a new much steeper, narrow bullish channel.
This phase will not last long. I expect the stock to start trading wider soon as new resistance and support points are being tested.
This phase will not last long. I expect the stock to start trading wider soon as new resistance and support points are being tested.
Note
Currently trading in a bullish pennant which should finish by today's close.Trade closed: stop reached
It actually went all the way down and closed the gap at 4.20$This move makes the bullish pennant much wider than I first expected.
Check out the new chart "Let's hope TRXC bullish pennant won't take that long"
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