Elliot Wave analysis of Transense Technologies (TRT)Daily Candles. LSE:TRT A clear 1,2,3,4,5 Impulse Wave advance (Wave 1) followed by the Corrective A,B,C Zig-Zag (Wave 2) - Support was finally found at 78.6 retracement level. Wave 3 now underway with a minimum £2 price targetTLongby mattjoss0
59p retrace support - 80p / 119p target #mfchart55p - 60p I find it to be a good retrace price but below 55p I would drop out & come back lower. some good volume as of late. 80p would be my target to slice some profits. 120p would be ultimate target but make sure fundamentals are intact. Bullish channel trend - bottom of trend is 48-49p so beware of risk on markets in general as well. Tby vcm110