RVX was stuck in a range for a long time, trading in and around $3.30 CDN....and now its up around $4 after reaching as high as $4.50, on volume that has been much more robust than the usual thin trading.
Today's pull back was on volume much lower than what we saw Monday and Tuesday, so I'm putting this down to consolidation....I'm expecting more positive movement in the PPS, much more. If I'm right how long might this period last? I don't know the answer to that question, but I'm not sweating it, I think we'll see more exciting gains before top-line results are announced. Then everything imo is riding on whether or not those results are positive or negative.
If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.
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