May. 11 at 8:55 PM
$TMDX getting hammered post-earnings, sliding from
$150 earlier this year down into the mid
$60S zone. Price is now basically sitting near the prior launch area around
$61, which makes this a key zone to watch for potential base formation.
RSI printing ~18, extremely oversold conditions, but oversold alone doesn’t mean reversal — just means positioning is stretched.
If this area holds, it could start building a base for a longer recovery phase back toward prior highs. If it breaks, trend stays under pressure.
Follow me 👉@ChipDistribution7 for real-time updates and everything. Let’s make moves!
