$TXG (10x Genomics Inc) – A name to consider for a pull-back

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Updated: 29 June 2020

$TXG (10x Genomics Inc) is a health information services company that has formed an interesting base back-test over the last few days. On Friday it reacted to the trend-line that comes from its lows in March and we might have a pull-back trade if we do see another day of bullish action. The company is young so the price action can be fast that is why act quickly and do not chase if you missed the entry area. Consider longs on Friday levels back-test with a 30min trigger or a break of the short-term descending flag trend-line.

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