TICKER CODE: ASXC
Company Name: Asensus Surgical, Inc.
Industry: Healthcare | Medical Devices | USA
Position Proposed: BUY
Technical Analysis
1. Large Inverted Head & Shoulders (Forming)
2. Fibonacci Retracement at 0.786 ( Silver Zone)
3. Falling Wedge / Pennant (Nearly Completed)
4. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length
Entry: NOW READY (2.00-2.40)
1st Partial Take Profit: 8.00 (August-October 2021)
2nd Partial Take Profit: 12.10 (Early-Mid 2022)
Full Take Profit: 18.90 (End 2022)
Note that timeline buffered, I would expect Full Take Profit by Early 2022
Company Name: Asensus Surgical, Inc.
Industry: Healthcare | Medical Devices | USA
Position Proposed: BUY
Technical Analysis
1. Large Inverted Head & Shoulders (Forming)
2. Fibonacci Retracement at 0.786 ( Silver Zone)
3. Falling Wedge / Pennant (Nearly Completed)
4. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length
Entry: NOW READY (2.00-2.40)
1st Partial Take Profit: 8.00 (August-October 2021)
2nd Partial Take Profit: 12.10 (Early-Mid 2022)
Full Take Profit: 18.90 (End 2022)
Note that timeline buffered, I would expect Full Take Profit by Early 2022