My take...surprise surpise, is that RVX is under accumulation. Although this part may surpise...I believe it has been going on since the trial "failure" in 2013.

Looking at the trading of the past couple of days....my take is that those accumulating, that they finally saw enough limit orders to make it worth their while to go after them. The "analyst" reports and today's news might have provided some nice cover in encouraging some to sell into the news.

Now?

If volume remains decent...100+K trading per day, then I think the uptrend continues. If volumes ease off, then down we go. I like the chances for continued volume, and if it happens I will take it as a sign that there's more news coming our way.

We've moved up quick from down around $1.50 just last week. If we're eventually going to be trading for $10, $20 or higher....then it ain't gonna come all in one sustained shot....there's going to be lots of volatility....and the higher the eventual PPS then the more violent I expect the PPS shaking.