Progressive Care Inc (fka RXMD)

[Dr PennyStock]

I know exactly what you meant, because I trade penny stocks since 1997, strictly based on charts, but, my experience tells me that in 90% of the cases, when the MA50 crosses the MA200, the stock already ran a lot, and, the run is at or near the top.

That's why I give much more importance to other indicators, like RSI, MACD, and, ADX.

This is my chart template since about 17 years.

http://stockcharts.com/h-sc/ui?s=RXMD&p=D&b=5&g=0&id=p41317064160