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REVI Chart: Bearish Harami reversal pattern formed today......MA(200) @ 0.014 resistance got tested yesterday and the share price pulled back creating an Upper wick on yesterday's candle.......another Upper wick was created on today's candle to 0.0140, but REVI failed to break through MA(200) resistance......a long Lower wick was created today as well......there was heavy support @ 0.008 and buyers loaded the dip creating the long lower wick/tail.........if you look @ Accm/Dist you'll see it actually went up today even though today was a down day.......this is called Bullish Divergence.......& is an extremely Bullish Indicator/signal.........

Yesterday's close was above the Upper Bollinger Band @ 0.0093......while traveling in the very Bullish Upper BB channel the Upper BB is resistance & the Middle BB is support.......when REVI broke Middle BB resistance the end of Oct. a new uptrend began.......REVI has been riding between MA's(7&10) & the Upper BB.......you'll find very Bullish stocks travel in this channel........the theory goes: Buy MA's(7&10) & Sell the Upper BB..........if MA's(7&10) support breaks the next MA support line is MA(20)/Middle BB @0.0035 ......as long as REVI holds Middle BB support the Uptrend should continue.........

Right now REVI is working on breaking MA(200) resistance........today's candle is a good sign it will happen sooner than later......the Upper BB @ 0.0093 is the 1st support level........Mon.'s candle could be considered a Flag Pole & there is a chance a Flag will form between MA(200) resistance and Upper BB Support as the candles work there way back into the Bollinger Bands.......that's what will and alway's does w/ every stock........they all pull back into the Bollinger Bands eventually........

The Vol. indicators show some profit taking today, but they also show nice loading as well off the Low of Day levels(LOD)........MACD & TRIX both have steep trajectory.......RSI & Full Sto are in the Power Zone......Fast Sto dipped below the over 80 Power Zone & is refueling for the next leg up......there has to be juice to run.....DMI w/ ADX reflects today's red close.......the Green Line, Positive +DI had a sharp,down tick today.......as long as the green line stays above the white line, ADX(avg.), the Uptrend should continue.......MA(100) @ 0.0037 resistance broke on Fri.......as this chart shows REVI hasn't traded above MA(100) in a very long time........MA(100) support has not been tested and still has yet to be confirmed.......taking out the two biggest moving averages in a couple of days is a lot to ask......that said, it happens and it very well could.......there were a ton of buyers today on the dip.......

What to look for going forward?......MA(200)......break it and close above & it's Showtime!.......fail to break it and the above mentioned MA's will get tested.......1st up is the Upper BB........close below that level and MA's(7&10) are on deck.......probably the most likely spot for a quick bounce on a pullback, if there is one.......below those is the Middle BB.......have to hold that level or a New downtrend will begin.......

REVI is a beast and looks very strong......after the impressive run it hung like a champ and finished well of it's lows for the day........currently on Bounce Radar........$$$