Posted On: 03/13/2016 3:20:02 PM
Post# of 99250
Looking much better now PhilCheeze
A few weeks ago, TXMD was being pumped all over the place, especially in Skype rooms. I took at the chart in early to mid February and only had to look at the RSI, FullSto and MACDs all being in the Nose Bleed Zones, especially the RSI. Many like to call the RSI at 70+ the 'power zone'. Hardly ever the case. The appropriate term will the RSI at 70+ is screaming sell, sell, sell showed be referred to as the Nose Bleed Zone, because most entering a stock in those overbought territories get punched in the nose. The chart is resetting nicely. Almost there, imo.
A few weeks ago, TXMD was being pumped all over the place, especially in Skype rooms. I took at the chart in early to mid February and only had to look at the RSI, FullSto and MACDs all being in the Nose Bleed Zones, especially the RSI. Many like to call the RSI at 70+ the 'power zone'. Hardly ever the case. The appropriate term will the RSI at 70+ is screaming sell, sell, sell showed be referred to as the Nose Bleed Zone, because most entering a stock in those overbought territories get punched in the nose. The chart is resetting nicely. Almost there, imo.
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