If it breaks 6.50 it could flush
Updated
REV has been holding up, but it has been on downward trajectory. Once it breaks this 6.50 level it's likely to flush, yesterday I bought a put at $8 because of the weakness it shows at $8.50. I don't see this as consolidation.
This is my first share, so take it with a grain of salt.
This is my first share, so take it with a grain of salt.
Trade active
It did exactly what I said it was going to do as I was publishing it, but thought it would fall lower, it's still weak. Puts are still on, I'm in the money on all of them.Trade closed: target reached
I was hoping for 5.20ish, but I got our around $5.38, I waited to see if would fizzle out as it has tended to do, but it's been holding around $5.35, too many people holding still. I would look for it to fizzle out.
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