f
so ... it bounced off of 50 cents several times, and then it made a fat point, ending in a tiny green bar. then it tripled in very short order.
it more than tripled ... but the sell signal was the big red bar from $2 to $1.30, and after that you had to sell it for a triple ... or ride out the current low prices. true, on a weekly chart
you can see that three bottoms in Summer / Autumn '15 marked a price of $2, and selling it at that price would have worked out beautifully.
REXX is set up very nicely right now. i think it's going to go back to $25, as shown on the monthly chart ... and pretty quick, so this is one for the PSG system portfolio, for sure.
No comments:
Post a Comment