Some say Transenterix could be a 16 billion dollar business one day very soon if you see it bounce from the gutter. 900% this year already ill be looking very closely.
It might want to put a stronger foundation by testing the demand zone but after we see a bounce from that or a strong continuation to the upside breaking the pennant we could see a full moon.
notes: When we look at the MACD we see a little reversal to the downside but this could be to the bottom of the triangle. Also we see little volume which could indicate on a tight consolidation period maybe? Or that drop to the demand zone.
# I am not a financial advisor, i do this for fun :) Trade at your own risk, remember ALOT of people lose their money.
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forgot to mention the bounce from the 20 ema
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Heading towards demand zone?
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Looks like were in the demand zone, good time to consider a buy now i think. (long term ofc)
# I am not a financial advisor, i do this for fun :) Trade at your own risk, remember ALOT of people lose their money.
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We got a nice bounce from the demand zone, next will we make a double bottom or continue to the upside.
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