Progressive Care Inc (RXMD)

[ndww42]

The bottom is in because institutions will protect their investment. We're at a valuation that is insane (too low) and it's only due to low volume. Maybe someone gets lucky with high 2s but I'd be surprised. With their sales and cash flow this really can't go any lower. It's a basic math equation. Even the stock in 2015-2017 had a bottom and that was before any acquisitions or new growth on what they had. And to the point of RSI. That's a good indicator. But the reality is it matters if the stock is negatively or positively sloped. RXMD is positive sloped which means any extreme levels will be dip bought to new highs. When too many bears get on one side it doesn't work out well for them.