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Thursday, June 01, 2017 11:49:40 PM
On the Weekly I mainly use the rejection of the middle bollinger band as my confirmation to stay short
All momentum indicators pointing down.
The .017 support has been tickled too many times now giving fair warning to longs ...a close below will trigger the imminent capitulation
Not many established supports after .017 makes this a great R/R SHORT
Churn baby CHURN!
http://stockcharts.com/h-sc/ui?s=RXMD&p=W&yr=2&mn=0&dy=0&id=p60505553033
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