This s a stock I've been watching with a member, it's a potential takeover candidate and otherwise in pretty good position as a low risk trade.
Usually after a first break of support we see a significant bounce/rally and RVBD has managed to fend off follow through selling.
The daily chart is positive, which is no small thing.
and the 60 min
the 15 min
And the 10 min.
I think the risk is low enough here and the indications are strong enough to warrant a close look at RVBD as a potential long trade.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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