GregFolin

$RXMD Massively Underpriced and Oversold at Key Support

Long
OTC:RXMD   PROGRESSIVE CARE INC
RXMD is in a clear bullish technical posture: at key support with multiple touches over two years and an RSI print under the "30" bull signal level. In other words, it's oversold and triggering key support in a very large time-frame bull trend.

• Telehealth regulations have been dropped to allow it to brace our healthcare system against exponential COVID-19 case growth.
RXMD is currently priced at 0.5x trailing sales, which is extremely cheap, even for a pharmacy play.
• This is especially true given that it just posted 56% top-line growth and is moving toward the likely launch of a telemedicine platform.
RXMD is moving toward a NASDAQ or NYSE uplisting.

Comments

That should read RXMD
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RXMS was once billed as the perfect retirement stock. The only one you'll ever need. And that was at .05 cents. Let us pray
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