Transcap bottomed and could go up from here to R2.11

RISKY ANALYSIS alert.

It looks like the bottom is in for Transcap. But the downtrend is strong and there is a prominent resistance line that definitely needs to break first.

Also it's a medium analysis because the Price>20 but<200MA

We have a small W Formation that has formed and price has broken above the neckline.

So I have a small target of Target R2.87.

The analysis will play as long as the support holds at R2.11.