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Analysis: #NASDAQ $TTOO

Case 431 #T2Biosystems Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#TTOO 1/4
Chart 1
Weekly Chart: Price closed/held above the Jan. 2015 #trendline resistance in July 2020, but the upside reaction has been lethargic and #momentum is falling. A close/hold above Sept. 2019 pivot #resistance at 2.88 is required to .....

TTOO 2/4
..... target 4.40/85 (short-term profit taking zone). Further up another profit taking zone at 5.27/83, then 5.99 pivot - a close here targets the #confluence of resistance: #Fib. 0.382 and June 2018 #pivot at 9.50/58.

TTOO 3/4
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