RXMD Daily Chart ~ Correction from Overbought Cond
Post# of 2559
Posted On: 03/09/2016 11:43:43 AM
RXMD Daily Chart ~ Correction from Overbought Conditions Continues
To follow up on a few questions regarding RXMD and when might be a price to re-enter.... I don't know. I have to let the indicators reset, which is well underway already. Please follow the FullSto and MACDs for when they have reached normal levels again. As you can see on the chart below, the RSI has fallen from the Nose Bleed Zone of 70+ to 53 already. The FullSto and MACDs are in full negative divergence after crossing over just a few days ago. No we wait. If you are looking for fundamental analysis and information, I would strongly suggest you go to the RXMD board. There is very good information over there offered up by a lot of very sharp investors. I primarily trade with chart and technicals as all you follow this board know.
I won't be posting a chart on RXMD again until the technicals begin to show levels where I would re-enter, unless someone requests a chart prior to that time. GLTA
To follow up on a few questions regarding RXMD and when might be a price to re-enter.... I don't know. I have to let the indicators reset, which is well underway already. Please follow the FullSto and MACDs for when they have reached normal levels again. As you can see on the chart below, the RSI has fallen from the Nose Bleed Zone of 70+ to 53 already. The FullSto and MACDs are in full negative divergence after crossing over just a few days ago. No we wait. If you are looking for fundamental analysis and information, I would strongly suggest you go to the RXMD board. There is very good information over there offered up by a lot of very sharp investors. I primarily trade with chart and technicals as all you follow this board know.
I won't be posting a chart on RXMD again until the technicals begin to show levels where I would re-enter, unless someone requests a chart prior to that time. GLTA
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