Progressive Care Inc (RXMD)

[Decatsmeow]

I can say with confidence that the stock is consolidated. This can either mean big gains or big loses. The way I see it though, the support line has been tested many times well before this (with the previous elliott wave pattern) and it's still holding strong. I don't see it breaking. The 0.036 line though is ready to break. If we get a pop above that again, I could foresee another run up to 0.05+ (or atleast 0.046/ the next resistance point.)

http://www.investopedia.com/ask/answers/120414/how-do-i-identify-stock-under-consolidation.asp