Progressive Care Inc (RXMD)

[JohnCM]

I like the idea of at least starting a position. Then go forward as you are comfortable.


Bearslayer Thursday, 05/26/16 05:39:04 PM
Re: bigjuice post# 43233
Post #
43237
of 43242 Go

Did you ever stop to think that your technical buy time is not the same as someone else?

Quote:
On principles alone, RXMD is a buy. If you are a technical trader, you would look at the chart and see that you missed the right time to buy and should maybe wait for the next consolidation, unless you just want to be long-term long, WHICH I WOULD SUGGEST.


So wait for it to continue to rise, then consolidate then buy?

Quote:
But I would like to argue that unless you are late to the game and you just want shares, you should probably hold off on buying more.



maybe its just me. I don't understand your logic. Now is the perfect time to buy. So says my chart and when its .06 in a few weeks my chart will still say screaming buy.



It's all in the eye of the beholder. Not sure what your point is or who your trying to educate.

JMO