Remember
RAX? On the six month chart is looks like a pretty decent up trend, bu this has actaully been in a long base since April of last year. It actually broke out in early January (the previous his was about a point higher than the bottom pivot point I have here, and this established a middle pivot a few days ago, thus setting a target price which it hit today, Closing on it almost to the penny. The peice relative looks pretty strong here, but it really isn't as it was at the previous high as price was soaring to new heights. I will be interested to see if this blowsw through that target price, or if iut initiates a pullback here.
