Shares of TMDX experienced significant volatility following a strong earnings report earlier in the year. The company reported explosive second-quarter earnings on May 1, 2024, which initially drove interest in the stock, making it a top pick among traders. However, recent trading activity has raised concerns, with some analysts advising caution and suggesting that it may not be the right time to buy. One trader noted that the stock is currently down $10 from its recent high, emphasizing the importance of patience in the current market climate. Additionally, another trader highlighted that TMDX is guiding for approximately $440 million in revenue for 2024, with a projected revenue of $582 million for 2025, reflecting a 32% year-over-year growth. Despite the positive outlook, the stock's relative strength index (RSI) has dropped to 18, indicating potential oversold conditions, prompting speculation about further trading opportunities as buyers begin to step in.