Replies to post #43233 on Progressive Care Inc (RXMD)

[Pian0wire]

Magnanimous post!

[bigjuice]

What I should have said:

"I appreciate all the graph updates, however I am confused as to what you mean by 'we are good to go'."

If you wait until after the MACD crosses and RSI runs to 60's before you recognize it as "good to go", then you will die a poor man.

[Bearslayer]

Did you ever stop to think that your technical buy time is not the same as someone else?

On principles alone, RXMD is a buy. If you are a technical trader, you would look at the chart and see that you missed the right time to buy and should maybe wait for the next consolidation, unless you just want to be long-term long, WHICH I WOULD SUGGEST.

So wait for it to continue to rise, then consolidate then buy?

But I would like to argue that unless you are late to the game and you just want shares, you should probably hold off on buying more.

maybe its just me. I don't understand your logic. Now is the perfect time to buy. So says my chart and when its .06 in a few weeks my chart will still say screaming buy.



It's all in the eye of the beholder. Not sure what your point is or who your trying to educate.

JMO

[JohnCM]

Good commentary. The RSI was below 70 meaning that we could still move higher short term.

If you wait on RXMD until the RSI(14) hits 50 we may be at $0.07

I am fully invested, but if I did have dry powder I would buy everything I could in the 4's.

Remember when we were talking about the 3's would "long gone"? Well, now they are.