RXD in BUY ZONEMy trading plan is very simple.
I buy or sell when at either of these events happen:
* Price tags the top or bottom of parallel channel zones
* Money flow volume spikes beyond it's Bollinger Bands
So...
Here's why I'm picking this symbol to do the thing.
Price in buying zone at bottom of channels
Money flow momentum is spiked negative and under at bottom of Bollinger Band
Entry at $9.43
Target is upper lower channel around $10.5
Market insights
RXDAlthough it looks scary. This goes the opposite of XLV health care. In my opinioon I think it’s a great time to start averaging some money into this bad boy. xXLV is looking bearish on the weekly. This wil be an excellent hedge against any stock market pull backs and its time to start positioning ourselves in these plays just in case

