Tactile Systems Technology (TCMD) Recently Broke Out Above the 50-Day Moving Average

Core Viewpoint - Tactile Systems Technology (TCMD) is showing potential for a bullish trend following a breakout above the 50-day moving average and a significant rally in its stock price [1][2]. Technical Analysis - TCMD has recently broken out above the 50-day moving average, indicating a short-term bullish trend [1]. - The stock has rallied 25.7% over the past four weeks, suggesting strong momentum [2]. - The 50-day simple moving average is considered a critical indicator for establishing support and resistance levels [2]. Earnings Estimates - There have been two upward revisions in TCMD's earnings estimates for the current fiscal year, with no downward revisions [3]. - The consensus estimate for earnings has also increased, reinforcing the bullish outlook for the company [3]. - The combination of positive technical indicators and earnings estimate revisions suggests TCMD could be poised for further gains [3].