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Re: DOLPHY post# 25566

Thursday, 12/17/2015 6:25:11 AM

Thursday, December 17, 2015 6:25:11 AM

Post# of 194975
http://stockcharts.com/h-sc/ui?s=RXMD&p=D&yr=0&mn=3&dy=2&id=p48712251203 This is a penny stock, and many do just that. Some drop -30% in a day and end up in the green. Look at the chart of three months, and you can see cycles in place where it has repeated small pullbacks as it rose. RXMD will continue upward today, imo, because it has already pulled back again, like in the other cycles, and may move up higher either today or Friday. Look at the PPO indicator. See the little blue bars? See how they are not dropping below the horizontal line any longer? This company has reported revenues. Not many penny stocks can report positive revenues like this regardless of how many stores it has. Look at the cycles of this stock over the last three months on stockcharts.com. If you do not have an account, you will have to set up the indicators at the bottom to be able to see the PPO indicator.
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