Long

Using $TRXC info to guide $TMDI decision

NASDAQ:TMDI
AMEX:TRXC

These symbols have been on a similar path throughout the year. From November to the beginning of January, TRXC price action lagged a few days behind TMDI. Since January TTMDI appears to be the follower. Watching price action of TRXC when it reaches the yellow ellipse may give us an idea of how TTMDI will eventually exit this channel. May be a good spot for a short-term swing trade.

Thanks for looking!
medtronicMultiple Time Frame AnalysisParallel ChannelroboticsurgerySupport and Resistance

Disclaimer