TICKER CODE: SENS
Company Name: SENSEONICS HOLDINGS, INC.
Industry: ELECTRONIC TECHNOLOGY. ELECTRONIC COMPONENTS
Position Proposed: BUY/LONG
Entry: BUY READY (2.85-2.95)
1st Partial Take Profit: 5.67 (JUNE 2022-AUG 2022)
2nd Partial Take Profit: 6.75 (OCT 2022-DEC 2022)
Potential Full Take Proft: 9.93 (Mid YR 2023- Early 2024)
Stop Loss: 1.65-1.70
Technical Analysis
1. Speaker Phone Formation would Indicate a Potential BUY to Take Profit Levels.
2. Inverse Head & Shoulders forming indicating a Potential BUY to Take Profit Levels.
3. Flagpole + Falling Wedge Formed and Done Retracement indicating a Potential BUY to Take Profit Levels.
4. Fibonacci levels indicate a Retracement at Golden Zone (0.786) to Levels 5.67, 6.75, and FInally 9.93 in the Following Years.