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Analysis: #NASDAQ $TRVN

Case 421 #Trevena Inc.

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

#TRVN 1/4
Chart 1
Weekly Chart: Price has recovered off the all time low at 0.38 and managed to close/hold above both the Feb, 2017 #trendline and #SMA 200. The break higher has stalled at the Mar. 2017 #pivot at 3.67. Further up the .....

TRVN 2/4
..... unfilled gap of 5.16 - 6.67 exists, then the major #resistance zone of 9.62-11.34.To the downside, #support begins at 2.38, then the May 2020 trendline 1.86.

TRVN 3/4
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