daytrades november 1 morning ..., page-196

RXL needs to close at 10.5/11 to have a chance of a decent or sustained rally from here IMO.

But I agree it looks good and will have a decent (maybe even very good) rally from these levels at some stage in the not to distant future.

Still hard to judge if this is currently being held down or just being played with by some smart traders.

I tend to favour the former, but the latter is very well possible too right now as it is with all stocks that are close to both .001 ticks and 0.05 ticks.