http://stockcharts.com/h-sc/ui?s=RFMKp=Db=5g=0id=p
Post# of 11899
http://stockcharts.com/h-sc/ui?s=RFMK&p=D...1269655181
PPS is following the lower bolli at 17, 16, and 15.. Downtrend confirmed via pps following the lower band downward.. breakout currently favors downside.. need a strong move on high volume to break and close above upper bolli @ 19 (also 200DMA). PSAR turns positive @ 18..
Support at 18 has to hold, I suggest waiting for next trading session to confirm..
Look for sharp CMF upward movement (Money Flowing In) then begin to accumulate, even if pps is still moving downward.. IMO.. there is not a "Lot" of upside for any subsequent run.. too many shares in the ever increasing float.. RFMK is now a strategic flip.. no longer a Long Term Play. Look for HUGE resistance in the mid to upper 2's.. maybe a double at best ... GLTU rzaslim.
All just my opinions of course.
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