RVLV - Something's boiling
Updated
Hello Everyone! Let's look at RVLV which is going through what it appears to be a consolidation period.
Price has been trading last thirteen days sticked to its 20 and 50 sma daily, mmmmhhhh.....approaching Q2 earnings release next week it seems something's boiling....
This kind of behaviour looks bullish to me, a kind of building energy for the next leg up, and as I wrote on my latest idea on RVLV, I expect good data coming out from this Q2, which might drive the price back to its previous higher at area 21 usd.
Write down your comments below if you like to do that and....may the market be with us!
Price has been trading last thirteen days sticked to its 20 and 50 sma daily, mmmmhhhh.....approaching Q2 earnings release next week it seems something's boiling....
This kind of behaviour looks bullish to me, a kind of building energy for the next leg up, and as I wrote on my latest idea on RVLV, I expect good data coming out from this Q2, which might drive the price back to its previous higher at area 21 usd.
Write down your comments below if you like to do that and....may the market be with us!
Note
Yesterday closing at 19 usd shows how the price run to the north direction even before Q2 earning releaseNote
Price has skyrocketed right after earnings release
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