RTGN is in the process of a reverse merger with Pulmatrix
. For the past year, RTGN has sustained a descending channel
. Momentum has slowed in 1Q15 through present day forming a partial lateral band showing signs of accumulation. Barry Honig has an SG13 in the stock and is worth boats loads. His group could easily rip up the stock after the reverse merger for a justifiable valuation of the new company called Pulmatrix
. We are long and expect 1-2 months on the hold.