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New narrow bullish channel

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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.
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Currently trading in a bullish pennant which should finish by today's close.
Transakcja zakończona: osiągnięto poziom stop
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"
Trend Analysis

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