RXMD Daily Chart ~ Up Another 26.3% for the Week
Post# of 2559
Posted On: 02/28/2016 1:30:12 PM
RXMD Daily Chart ~ Up Another 26.3% for the Week
Another big thanks and kudos to MoneyForNuthin' for sharing RXMD with us a few weeks ago when the stock was well under .02.
Technically, the stock is very overbought. But as I've said many times in the past, fundamental news will always outweigh technicals. Obviously, RXMD is under heavy accumulation. The RSI, FullSto and MACDs, way up there now, so you technicals guys understand what I mean. The FullSto can't go any higher. The MACDs, as I mentioned last time, had a long way to go, but they are now well into the nose bleed section. I'm not suggesting anyone to buy or sell, as that is your decision based on both fundamentals and technicals. RXMD is a great example of what can happen when fundamentals take over and trump the short term technicals. Nice work Money!!
Another big thanks and kudos to MoneyForNuthin' for sharing RXMD with us a few weeks ago when the stock was well under .02.
Technically, the stock is very overbought. But as I've said many times in the past, fundamental news will always outweigh technicals. Obviously, RXMD is under heavy accumulation. The RSI, FullSto and MACDs, way up there now, so you technicals guys understand what I mean. The FullSto can't go any higher. The MACDs, as I mentioned last time, had a long way to go, but they are now well into the nose bleed section. I'm not suggesting anyone to buy or sell, as that is your decision based on both fundamentals and technicals. RXMD is a great example of what can happen when fundamentals take over and trump the short term technicals. Nice work Money!!
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