SamSuka
The Long Investor
The Long Investor

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$TMDX

I'm uploading the weekly and the daily charts here, so you can see the confluence level at the 0.38 Fib with the moving averages.

On the daily chart, the 200 Day MA held support just below the 0.38 Fib and

On the weekly chart, the 50 Weekly MA was also there to offer support but the 200 Day MA held support first

Making this area between $117 - $123 a strong confluence level, which is why $TMDX likely overshot the 0.38 Fib for Wave 4.

If $TMDX can beat on earnings again, which they have done for all of 2024, I expect Wave 5 next over the next 3 - 6 months to at least $216, but could also hit the higher Fib limit too at the 2.618 Fib at $271.

$TMDX $TMDX

Comments

Wow. Need an update on this one!

ok

Cap, I would appreciate your guidance: is the current spot a good point to add tomorrow on the day of ER, if now the support has been confirmed ?

Kad

❤️

Nader Farouk


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