Speaking of rebounds and rerates, the following channel in blue (based on what a trader with a heart mentioned in passing) indicates the pivot zone in which PTX has reversed out of several times in the past.
The RSI has a way to go before being considered overbought. And, in context of the big pictur, it shows just how insignificant the move thus far has been. I'm grateful to have picked up and kept some parcels in the blue zone!
Speaking of rebounds and rerates, the following channel in blue...
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