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Analysis: #NYSE $ASXC

Case 546 #Asensus Surgical Inc.

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

ASXC 1/3
Daily Chart: The outlook has turned very #bearish with the loss of the SMA 50 and #pivot 2.86 supports. The current target is 2.25 with a close below eying 1.89 then control at 1.56 and #SMA 200 at 1.47. Farther down ......

ASXC 2/3
..... strong #support 1.20- 0.87. Immediate #resistance 3.40/71 then 5.06 but medium term #bullishness can only be achieved above the synthetic at 5.48.

The #Strategy is printed on the image.

ASXC 3/3
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