Replies to post #1584 on Phio Pharmaceuticals Corp (PHIO)

[123tom]

RXII chart picture is visible for target zones....

http://stockcharts.com/c-sc/sc?s=RXII&p=D&b=5&g=0&i=p97604846147&r=1413491558133


all the assorted lines and cloud spaces show target points. But in a basic way, I anticipate at least an ABC wave pattern....that first targets the 2.20-2.30 zone....(A)
pulls back to retest the 1.80 zone (B)...and rallys again to target 2.40-3.40 area...and not so clear what strength the rally will muster and where it will Fail. It looks like a slow cooker, may take a long time to retest 3.50 area again, but that too is a target in play.

Riding the waves, would look to take profit around 2.25-2.40 to start.... then rebuy the pullback at 1.80/1.90 area,and sell again at 3 dollar zone. that sort of thing.