Posted On: 03/30/2014 7:59:52 PM
Post# of 2561
RGDX Daily Chart ~ Bottom Found?
RDGX has treated us well in the past with numerous swing trades. Since our last exits, patience has paid off as with most bio/pharma stocks during the heavy bleeding in the sector. RGDX has sold off to the Dec lows at the 1.10 level. FullSto and MACDs beginning to level out in their oversold levels, but not quite there yet. The RSI is holding at its 30 line. Although, with the stock already at a support level established months ago, the risk/reward entry at this area might not be a bad idea for some nibbling. GLTA
RDGX has treated us well in the past with numerous swing trades. Since our last exits, patience has paid off as with most bio/pharma stocks during the heavy bleeding in the sector. RGDX has sold off to the Dec lows at the 1.10 level. FullSto and MACDs beginning to level out in their oversold levels, but not quite there yet. The RSI is holding at its 30 line. Although, with the stock already at a support level established months ago, the risk/reward entry at this area might not be a bad idea for some nibbling. GLTA
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