Progressive Care Inc (RXMD): That is a basic TA rule, old resistances...

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Re: la_trader post# 65677

Friday, 01/12/2018 1:51:49 PM

Friday, January 12, 2018 1:51:49 PM

That is a basic TA rule, old resistances become supports, and, old supports become resistances.

Curiously, the HOD is inside what I was expecting, but, the LOD was higher that the .0172 I was expecting, not even touched the MA200.

This is a signal of strength, and, it's very good, because it means that people is affraid of not buying, so they put the orders way above the support.

It is holding well, specially considering that today is Friday.

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