sapientrade
Long

Purely Technical play. Appears to be RIFE for upside explosion.

AMEX:RNN   REXAHN PHARMACEUTICALS INC
63 0 0
Note the volume accumulation.
Note also, this is a weekly LONG TERM chart. Judge accordingly.
OBV conspicuously high
RSI launching a hint to buy.
Expect 1.30 target sooner than later.
Examine volatility for stop measures.


Good Luck.
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