Resverlogix Corp. (RVXCF)

[growacet]

The chart is pointing towards overbought....but

Call it a market version of Murphy's Law, but one thing I've noticed on repeated occasions....Just when I think a stock can't go any higher, BAM...up she goes. And conversely just when I think that a stock has found a bottom and can't drop anymore, the bottom falls out again.

I think the Rothschild news changes the dynamic here.....as I've expressed elsewhere, I don't think a company of Rothschild & Co' stature would agree to take on a company like Resverlogix, a thinly traded, obscure, Canadian biotech that trades at penny stock status....I don't think they'd agree to take them on as a client unless they saw something really good.

Of course that's just one man's opinion.