Progressive Care Inc (RXMD)

[Leksi]

I'm long here, so I don't trade this stock but I think we will see little dip on Monday, there is gap to be filled. After that dip we should bounce back to the higher levels. MA 50 is going up and when it crosses MA 200 line, we all know what that means. (Golden cross, most bullish sign.)



Bigger picture here:
https://ibb.co/SNcN9cW

"The most commonly used moving averages are the 50-period and the 200-period moving average. The period represents a specific time increment. Generally, larger time periods tend to form stronger lasting breakouts. For example, the daily 50-day moving average crossover up through the 200-day moving average on an index like the S&P 500 is one of the most popular bullish market signals."

https://www.investopedia.com/terms/g/goldencross.asp

My opinion is, now it's perfect time to buy this stock. Volume is very encouraging and promising.