if will break under yesterday low I think that RX have room for more downside. Ideal will be to see few more consolidation days and because of that I don't want to use any bigger stop. Idea is run to $7 area....http://tinyurl.com/noc9hzj
After initial bounce from bottom RXN show signh for possible another buying wave and that is what I see on the chart. I will look for at least $22 area tinyurl.com
odds for possible run above 52 tinyurl.com with open target area for start
daily bull flag pattern and I will watch for possible run to at least 29 area and with good pace I will watch for 30 area
idea is possible bounce after two consolidation days and back to previous high for start. If pace will be good after start then I will look for 80 target area
based on daily bull flag, target around 57.50...http://tinyurl.com/noc9hzj
based on continuation pattern..target around $7.50.....http://tinyurl.com/noc9hzj
based on triangle pattern after gap down I will look for run to $38.50 area
based on daily/weekly/monthly bounce odds I will look for possible run to $30 area..http://tinyurl.com/noc9hzj
I will look for possible bounce to $ 90 area based on daily consolidation under ma resistance..http://tinyurl.com/noc9hzj
I will use 60 min consolidation for possible break down, but I wont use it first 20 min because of possible false move right after open. First support is previous low and with good pace we could see 27.50 area
possible daily bull flag and bounce from support area. Idea is back to previous high and resistance area
possible pull back from daily 20sma resistance area and back to previous low or daily 200sma support are, based on daily triangle pattern