News Focus
News Focus
icon url

CaptHowdy

12/01/23 4:25 PM

#192100 RE: TrackDude #192098

Of course TD, any position with an RSI near 30 is considered OVERSOLD and will typically see a rebound at some point. Even if it's a dead cat bounce that doesn't hold gains. Hence why I'm opting to buy in around $2.75 or less to reduce my overall investment risk.

A PPS of $2.75 or lower makes RXMD worth just over a penny again (pre reverse split valuation) which is close to the cost I paid last time when I added nearly a million shares to my stack a few years ago.