Replies to post #137 on Rexahn Pharmaceuticals, Inc. (REXN)

[wesley_]

consolidating nicely... will wait for trend continuation anderchuck... have no "target price", will act dynamically...


here little chart update:

you can see the expected trendreversal in 15min. chart, because of overbought condition (see last chart I posted). Will track this further...


for comparison in P&F chart (boxsize .03) you see the change in battlefield... price reached high, violated and broke support gave sell signal(s) and trades now below bearish res. making lower lows... to protect money I won't open a position, until (up)trend continues... GL, Wes