Looking at the chart it looks to me like RVX is on something of a diving board....sitting nicely above recent lows of $1.52 at the start of November, but still well below the recent high of $2.52 on the 9th of the same month.
My bias has me looking for a big jump over that recent high....but I must also acknoweldge the possibility for it to go the other way. I thought we'd have made a move already....this low volume is unreal, everyone holding on tight by the looks of things.