tsx_trader

Swing/Long on RVV

Long
CSE:RVV   REVIVE THERAPEUTIC
RVV is picking up some traction, one thing I notice about RVV is that the share price is directly correlated to the MACD indicator. You will see above that if you bought and the cross over to the upside, and sold at the crossover to the downside, you would be doing consistently well.

RVV is presently crossing over to the upside, indicators are bullish .

Therapeutic stocks (in general) have shown a reversal wick on Thursday the 24th, which were confirmed with a reversal on the 25th. Although the stock markets did well on Friday, it remains to be seen if we are going to enter a small cycle to the upside on some od those theraputic related stocks.

Check it out on Yahoo news, they have a few things going including the phase 3 of its covid 19 related study. Although this company is not only a coid 19 play at all. Good news in the next 3 weeks can really cause this one to jump!

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