Rock Creek Pharmaceuticals Inc. (fka RCPIQ)

[123tom]

yes,nice bullish engulfing candle today. but that's not enough in a manipulated market.
I think the bottom support/buy zone is back at the 1.50-1.30 area 1.70 is a bit too high for my money. its possible we can see some whipsaws in the 2 dollar zone .the target down should be closer to 1.50
big resistance overhead from 2.20 to 3.20 and every point in between. a zone of resistance. not a single price point.
traders who bought the low zone 1.15-1.50 would get to sell at a double from 2.30-3.00 area a double is a nice trade .I would expect also investors who bought last years pivot lows around 2.75 area , will sell to break even.
I may have to trim those portions myself at 2.75
and hold the core.
Buy zone is 1.50 and below. short/intermediate term sell zone is 2.50-3.20 is how it looks to me.