thephysicsguy1

REVB Reasons Not To Trade, Reasons to Trade

NASDAQ:REVB   Revelation Biosciences, Inc
This chart is a great example of a gamble. Looking to the left, we see huge potential to return where it came from but the 40% gain today comes from no information. Nothing is driving the increase. We don't see market maker levels of volume either. They may have entered a few weeks ago on the 23rd, but that could also be a huge short position. We don't know what the volume was. If this stock ends up having news, it may run up fast, with a float of only 8 million. I don't really like anything below the 200 moving average though, so we lose that differential if we wait until the cross over. I just don't think the gamble is worth it.
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