Seen it many times....just the estimated short volume has in the last few days not in the healthy bracket anymore (35%-65%) that comes with nice continued pps gains. Probably by tomorrow it will rise again from ~19 to upper twenties with continued small volume and by EOW this mini consolidation will be over.
RSI is looking great...fundamentals and upcoming monthly revenue update will do its part too.
No worries...I do not see a pps drop into the upper 3s again whatshowever but a little more churning in the mid 4s before a return into the 5s


Historical Short Volume Data for RXMD
Date Close High Low Volume Short Volume % of Vol Shorted
Mar 08 NA NA NA 1,708,388 335,710 19.65%
Mar 07 0.048 0.05 0.045 615,416 161,150 26.19%
Mar 04 0.049 0.05 0.045 4,920,737 1,562,953 31.76%
Mar 03 0.047 0.052 0.045 5,191,788 2,544,451 49.01%
Mar 02 0.052 0.053 0.047 3,548,475 1,980,779 55.82%
Mar 01 0.051 0.054 0.045 4,819,790 2,364,073 49.05%
Feb 29 0.052 0.052 0.042 6,713,504 3,095,327 46.11%
Feb 26 0.049 0.051 0.045 9,220,933 5,963,747 64.68%