Friday's volume of 177K was the most we've traded since Sept 3rd when volume hit 238K...coincidentally (or not) we were also trading around $2 back then as well.
Looking at the chart, we're back above the three MAs I track...the 200/50/20 are at $1.81, $1.77 and $1.65 respectively. Stochastics fast and slow are both pointing up with lots more upside room before hitting overbought territory above 80....fast is at 54.85 and slow at 43.81...MACD is still below the zero line -0.016 fast and -0.041 slow and moving higher.
If volume can stay up around this 100K area, then I think we'll see Friday's move carry on...being Friday's top % TSX gainer can't hurt our exposure. And last week's Stonegate/Zacks reports will give those sufficiently intrigued into doing some DD, they'll have something very recent to read.
Based on past expeirence with RVX....if Don is back on BNN or if he does another investor presentation for a group like the Richmond Club...well I might just consider taking some profits.