Updated

RXII PharmaCeuticals Swing Trade 3-5 days

56
Bouncing off support at 2.21. Think it will go up to 2.53.

Entry 2.26 and mental stop loss at 2.2.
Note
Holding around support zone at 2.2 revised mental stop to 2.14
Note
Saw another resistance area at 2.42 so watch that area for fist target point. If blows past this 2.53 can be easily be achieved.
Note
Id be watching see if this bounces off 6.7-6.72 area
Note
looking like it wants to reverse around 6.74 bid size increased a little
Note
RXII moving up 3%
Note
hit that 2.42 resistance twice not good sign may rebound again but may take a longer time frame.
Note
Got in at 6.86
Note
slow day but moving again watch that 2.42 resistance area.
Note
Ran again for that 2.42 might reach my target tommorow.
Note
hit my target this morning

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.