Jimmy1979, I would be very cautious with RXL atm. It had a beautiful chart a couple of weeks back very much like the one from COF in the last few days and which had a lot of breathtaking fib line touches on the way down and screamed bounce at 3.8c/3.9c just as COF did at 10c. Like COF, RXL did bounce up to the mid 4s which was also the 200 day ema. I see that the 3.8c buy line got wiped by sellers earlier today but a bit of buying support has come back since. IMHO is 3.8c falls then look out below.
