RXP 5.77% 27.5¢ rxp services limited

This just cements why I am a technical trader and not a...

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  1. 3,285 Posts.
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    This just cements why I am a technical trader and not a fundamental trader.
    I understood the results to be above expectations as did the market (briefly) pushing the price up 9.5% to $1.03 only to close a few days later for a net -20% to $0.825. Has me scratching head wondering why the market is so bearish against information that is not there. Chart doesn't look good for those still holding with support broken. Volume today almost as much as announcement day, still wondering where all the supply is coming from. Until the chart starts to look better I'll remain on the side lines.
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