Progressive Care, Inc., through its subsidiary, Pharmco, LLC, provides prescription pharmaceuticals to individuals and institutions in south Florida. The company operates a retail pharmacy that specializes in the sale of anti-retroviral medications and related patient care management; the sale and rental of durable medical equipment (DME), such as hospital beds,...
RXMD has moved up from $.04 to $.16 in less than a month. The chart appears to have a classic “head & shoulders” formation.
Bullish Pennant (OTC) Pros: Descending volume during formation Golden cross in blue PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 6 250RSI above 50 Cons: 200MA Flat OTC market Target: PT = 0.3537$ 1000 Followers! Thank you all! Thank you to those who donate Coins! Stay Humble, have fun, make money!
RXMD retesting key support on a strong price flush to shake out weak hands. This comes as the company acquires a leading Telehealth platform and readies to expand its operational reach to all 50 US states (from 14) while on pace to record a projected $50 million in 2020 revenues. Progressive Care Inc. (OTCMKTS:RXMD) is making moves that place it at the heart of...
RXMD shares have been trending higher over the past two months, forming a base with the potential to break out significantly higher on a move back above the $0.07 level. This follows another spectacular quarter with Q2 numbers out earlier this week. The company is also transitioning at the top spot, with a CEO change underway to position RXMD for an uplist onto...
RXMD is a stock we liked a lot back at the start of July. And we still like it. The company continues to expand in its FL Covid testing range and it keeps putting up monster growth data. The breakouts are coming in a stepwise trend. And the company has signaled a coming potential Nasdaq uplist.
RXMD is sporting a number of positive technical attributes, including a successful hold as former breakout resistance became viable support in mid-June at the $0.04 level in confluence with new bull trendline support and a 40 oversold RSI print. That has been followed by an aggressive breakout back above both the 50- and 200-day major MA's. The company has been...
First off, THIS IS A RISKY BET. I got in at .082 yes... less than a dime. There was news they are doing antibody COVID testing. This got 40M volume x8 its relative volume. Like I said extremely risky. Watch it today and see what happens. Personally I just bought 3000 shares because I don't care if I lose $250 just to see. finance.yahoo.com
RXMD has double-bottom key support lined up with a major MACD buy signal after breaking above its recent downtrend line in yesterday's action. This is a Coronavirus play at the leading edge in both telehealth and home pharmacy delivery. • Telehealth regulations have been dropped to allow it to brace our healthcare system against exponential COVID-19 case...
RXMD is in a clear bullish technical posture: at key support with multiple touches over two years and an RSI print under the "30" bull signal level. In other words, it's oversold and triggering key support in a very large time-frame bull trend. • Telehealth regulations have been dropped to allow it to brace our healthcare system against exponential COVID-19 case...
RXMD put in a key low on a glaring bullish MACD divergence. Now we see to be angling toward an ascending triangle breakout that could bring the dime level into play. ------------------------- Progressive Care Inc (OTCMKTS:RXMD) Progressive Care has been putting up huge growth data in recent months, vaulting onto our radar as one of the most interesting penny...
RXMD has the big breakout lined up well at this point, with accumulation/distribution indicator rising through a basing process that displays a clear shift in trend from down to up, further confirmed by Ichimoku Cloud signal. This is percolating, with the key line to set off the fireworks at $0.07. Once it gets there, you won't be able to catch up to it. Smart...
RXMD The RXMD chart continues to look ripe for potential upside. The key to this pattern is the pivot at the higher low around Thanksgiving in the nickel/share area. That came at the 61.8% Fib retrace zone with the 50-day MA providing support along with the retest of the broken down trend line. The stock has been ripping in recent days and looks set to try for a...
RXMD The technical picture for RXMD is promising, with the Ichiroku Cloud buy signal active right now after the stock has consolidated its strong November gains in the form of a bullish symmetric triangle. The big upside target here is at $0.07 and then $0.10. The fundamental backdrop is extremely supportive as well. Recently, the company posted its Q3 data...
RXMD The action in shares of Progressive Care Inc. (OTCMKTS:RXMD) has been the action of a stock that is coming to terms with a new phase of trend: a strong bullish upward trend. The technical signals on display here are very clear as we read the tea leaves. The lowest low – back in early November – came off of a type-specimen bullish MACD divergence, which led...