TMDX: Visual Analysis

TMDX – Pennant Coiling for Breakout

TransMedics (TMDX) has been consolidating inside a flag/pennant structure after a strong rally earlier this year. Price retraced cleanly into the 0.5–0.618 Fib zone and is now pressing against resistance near $126.

🔑 Key Levels

Resistance: $126 (Fib 0.786) → breakout level

Upside Targets: $145 → $166 (Fib 1.236) → $179 (Fib 1.382 supply zone)

Support / Pivot: $113 (equilibrium & MA cluster)

Deeper Support: $98–100 (0.5 retracement)

📊 Setup Outlook

Break above $126 with volume = bullish continuation toward $145–166+

Rejection at $126 = possible retest of $113 or deeper liquidity at $98

Volume remains key – low during consolidation, needs expansion on breakout

⚡ Catalyst Watch: Strong demand for organ transplant technology + increasing revenue momentum could fuel upside if technicals confirm.

💡 Bias: Neutral → leaning bullish if $126 breaks with conviction.

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