LadRx Corp (LADXD)

[Ecomike]

We are still a long way from $10! LOL

Been watching this one closely. I bought 2 more huge lots last 10 days, and feeling the pain as the price droped. I thought a $1.36 might hold and rally on up $1.75 finally, but no joy so far. I have done a mess of fib fan charts and elliot wave charts trying to get a feel for the next bottom. Looks like fridays $1.15, or $1.08-1.09 is the 68.2% fib / elliot wave retrace, last line in the sand to rally uo. If 1.08 breaks as support, I don't know what is going on here next, unless they plan to test $1 again.

I guess people sold the news, and sold the drop in RXII stock price, then just kept selling.

Here is a link to my last chart:



Note the 200 MA is about to converge at the $1.08 triple fib fan support cossing! That would be a price to watch closely next week, possible place to buy back or add!

Also I am expecting some kind of market correction down in April, which has me worried, but I noticed that CYTR rallied up during the last nasty correction the first week of Feb this month, so perhaps it will repeat? Also we rallied a little over 100% in Nov to Jan off the last bounce off the 200 MA, from about .70 to about $1.58, perhaps it will do this again?

GLTA