RXMD Daily Chart ~ Correct Decisions Made Recently
Post# of 2559
Posted On: 06/17/2016 12:42:40 AM
RXMD Daily Chart ~ Correct Decisions Made Recently
Fundamentals do trump the technicals, but the technicals are correct in just about 95% of all momentum shifts, be they up or down. In the case of RXMD, the swing trades through using only technicals, RSI, FullSto, and MACDs, have been spot on. As I mentioned in my last two posts on RXMD (links below), we exited the stock and shifted those funds elsewhere (IORG in the .30s, RGFR in the .60s, and ATOC in the .30s). All three traded to $1.00 and higher, while our exits from RXMD in the high .04s/low .05s have now seen that stock drop into the low .03s. We haven't re-entered RXMD yet as the indicators aren't there yet to warrant an entry. And I want to add again, I am not speaking negatively about RXMD. I'm just pointing out the obvious and easy to read technicals which can assist anyone with their trading. Anymore questions or discussions regarding the RSI?
Learn some charting people. They are great tools. GLTA
http://investorshangout.com/post/view?id=3785188
http://investorshangout.com/post/view?id=3814643
Fundamentals do trump the technicals, but the technicals are correct in just about 95% of all momentum shifts, be they up or down. In the case of RXMD, the swing trades through using only technicals, RSI, FullSto, and MACDs, have been spot on. As I mentioned in my last two posts on RXMD (links below), we exited the stock and shifted those funds elsewhere (IORG in the .30s, RGFR in the .60s, and ATOC in the .30s). All three traded to $1.00 and higher, while our exits from RXMD in the high .04s/low .05s have now seen that stock drop into the low .03s. We haven't re-entered RXMD yet as the indicators aren't there yet to warrant an entry. And I want to add again, I am not speaking negatively about RXMD. I'm just pointing out the obvious and easy to read technicals which can assist anyone with their trading. Anymore questions or discussions regarding the RSI?
Learn some charting people. They are great tools. GLTA
http://investorshangout.com/post/view?id=3785188
http://investorshangout.com/post/view?id=3814643
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