RVPH trade ideas
RVPH 1WReviva Pharmaceuticals Holdings, Inc. is a clinical-stage biopharmaceutical company, which engages in the discovery and development of therapeutics for the central nervous system, respiratory, and metabolic diseases. It uses chemical genomics driven technology platform and proprietary chemistry to develop new medicines. It focuses on RP5063 (Brilaroxazine) and RP1208 pipelines. The company was founded on December 11, 2020 and is headquartered in Cupertino, CA.
RVPH - Possible Short IdeaRVPH, another possible short idea similar to CGC. Essentially, both charts present a H&S pattern; however, RVPH is not in a supply zone. This affects the strength of my thesis. In all honesty, I see this stock retracing to that 1.83 range I highlighted. No news as of today to justify the 68% rally. I'll be averaging around the current range, my average at the moment is 2.5. Not the best entry but at the same time my position size is very minimal, so averaging would move my cost basis significantly.