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We'll hit a resistance level at 0.05, but I don't think it'll take long for us to smash through it. Passed that, the sky is open.
If this happens, I'll honestly pass out. (In a good way)
Oh wow XD
Awesome move today. Also considering how low the volume is today, this is looking great!
Horribly low volume for the day. Another good sign for a break out.
It's March.
In like a lamb! Out like a lion!
While you wouldn't be able to trade on it, news in regards to the expansions being completed and more licenses being obtained will certainly help move it north in the long run.
I agree. With the Elliott Wave pattern, Boolean bands, and the low RSI (looks relatively oversold), I think we're going to see a run pretty soon!
RXMD — Officer/Director/Affiliate Stock Transactions
http://www.otcmarkets.com/financialReportViewer?symbol=RXMD&id=151237
That's an awesome perspective that I sometimes forget about. Thanks for reminding me!
All those sellers that dropped the pps down to where it is now is offset by the possibility that the buyer of those shares is much more stable and conservative (long investors instead of shorts)
I agree. While there wasn't a huge move, we certainly had a solid greed day. Now to see what happens next!
For every 1 sell, there's 2 buys.
Awesome show of strength today!
Certainly some awesome movement so far today!
Go RXMD
I'm with you insta!
Happy Trading Everyone!!! Let's get to 0.06 today!!!
I agree and I do think it's possible. Once the 340B really starts revving up and the construction/robot/certifications are finished, I can see double revenue EOY
I agree. I'm holding along with you!
The 1 month chart suggests that we haven't broke the Elliott Wave yet. Also, we're pretty much at the lower resistance level in Boolean bands.
The Elliott wave says that if the first move downward is calm, then the second move will be more severe. It's definitely being severe. Whether or not the Elliott wave will pull through or not will be seen this week. Ofcourse, if it does follow the Elliott wave pattern it is now possible that we'd jump to 0.07 (the severe drop times ~2.
Otherwise, if we break below the 1month boolenger bands, then it'd be time to get concerned.
Here's our 1 month range
Lower Band: 0.03
Mid band: 0.0425
High Band: 0.055
Therefore, there's a low(er) risk and a high reward here. I honestly think it'd be wise the fact that we're at the lower boolenger band to buy (buy low sell high with the bands).
Either way, this week will tell us whether or not we're on the Elliott wave patter or not (seriously thinking we are)
I agree. There's clear manipulation going on.
We're going green this week ^.^
The 30 day chart says otherwise
To bad there isn't an easier way to get licensed in the US
The only reason this is going down is because people aren't moving up their ask. In fact, they're forcefully moving it down. Yes, I do call this manipulation (or people just being silly). This will take off soon enough. The volume is super thin.
Yawn. Wow! We're really undersold now. Once the volume picks up, we'll be good
Yes, I use both technical and fundamental analysis as both methods for reading into stocks.
Also, if you were a long, you wouldn't be complaining about how it's not jumping on news. Honestly, only flippers look forward to trading on news. If you're going to have a position here, it'd be best if it was a long position. You'll end up losing out on possible gains and might even lose money.
This is an awesome level for new investors to get in at. Yet, only people who use technical analysis can really see why this is a perfect buy in opportunity (buying in at the low).
RXMD is currently undersold, touching the medium boolinger band, relatively pretty low volume (few trades being executed), and the Elliott wave prediction. They all lead to a major breakout.
I say that because I've seen it before at the 0.01 to 0.03 jump.
It normally doesn't move on news because people aren't trying to flip on news anymore. They know it won't make them money. Hence why the last few times news has come out, we've generally been sideways. If you're looking for a stock to flip on news, this isn't a good stock for you.
About time! Let's push RXMD above 0.05 while the ask is thin. I think we're in the second downspike of an Elliott wave. Once we have a major move upward, it'll keep going, and going, and going. This is just technical analysis but it's certainly pointing north.
Let's be the catalyst that starts the rocket to the moon!!!
I completely agree with you. They're getting licensed nationally. Why would you sell?!?
I look at the 30 day Boolean bands. We're above the median Boolean band
Oh, and the fact we had a green day so soon really shows our strength here!
Yep and yep. We're also undersold soooo we're ready to explode upward!
I think the chart looks like an Elliott wave where these red days are a sharp downward movement (whereas the last few red days were pretty subtle. I can see us fly to 0.07-0.08 fast. 0.10 is possible too ^.^
You wanna post a link? Otherwise, we all call BS
I agree. We only just hit our 30 day moving average. As long has that pattern holds as well as the possible Elliott wave I'm seeing, we're looking toward an amazing breakout.
Technical analysis suggests that we'll have a breakout soon enough. I can see 0.06-0.07 in no time.
I think we're in another Elliott wave
I completely agree with you. This is health for the stock. It'll start moving soon enough.
On another note, I'm really excited for Februarys monthly report. I'm really interested as to how much extra revenue the 340B will bring in for the company. While I wouldn't be surprised if it was another $200k to revenue, I'd be happy with another $50k. All in all, it's more capital for the company to use!
Come on people! The ask is super thin. Protect your investments!!!
RXMD doesn't agree with you (Referring to how they're going to investor conferences)
I wouldn't call it p&d