DEXWireNews

RVLT Hot stock for Tuesday, continuation expected.

Long
NASDAQ:RVLT   None
Revolution Lighting Technologies stated Friday that on May 22, 2019, the Company received a letter from the Nasdaq Hearings Panel of The Nasdaq Stock Market informing the Company that the Panel has granted the Company’s request to stay the suspension of the Company’s securities from Nasdaq pending a final determination from the Panel regarding the Company’s listing status. This really is a stay of execution and was a welcome gift to investors.
Due to the volatile nature of the market on Friday the rally lost momentum as the close approached and a 3 day weekend of uncertainty. See below key price levels areas to watch for on Tuesday trading session where another rise is expected.
RESISTANCE LEVEL $.35
MUST HOLD LEVEL $.25


COMPANY DESCRIPTION
Revolution Lighting Technologies, Inc. designs, manufactures, and markets light-emitting diode (LED) lighting solutions. It focuses on the industrial, commercial, and government markets in the United States and Canada. Its products include: LED replacement lamps, LED fixtures and LED-based signage, channel-letter, and contour lighting products. The firm sells products under the brand names, Seesmart, Array Lighting, Lumificient, Sentinel, and Relume. It operates its business through the Lighting Products and Solutions segment.

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