$TMDX
Added 2024-10-29 11:49:29 +0000 UTC$TMDX did not deliver on their earnings report yesterday and their EPS missed on estimates by -59%
The market is not going to forgive this or react nicely to it either when it was already trying to find support on its pull back leading to the earnings release.
I think the reaction has been harsh however.
Price is now below the top of Wave 1, so this can not considered a Wave 4 pull back
If companies do not hit their estimate targets, a chart can not hold its structure, they must do what they have told the market they would do.
$TMDX is now at its 0.5 Fib support level, so we are looking at this being an ABC count now, as it can not be Wave 4.
So $TMDX needs to hold above $74 for me, either on the 0.5 Fib at $94 or the 0.618 Fib at $74.
Comments
Could TMDX be in a Wave 2 just like HIMS?
Sug
2024-10-31 00:24:28 +0000 UTCIs it possible this is still a wave 4 as part of a wave 1 Primary leading diagonal?
Byron Tanigawa
2024-10-30 00:00:32 +0000 UTC
