Technicians talk about support and resistance levels....its quite simple really, far from rocket science.

I won't paste the chart in because it doesn't seem to work, but if you look at our chart from June forward...so about 6 months, you see the big drop from $2+ after the overnight financing was announced.  And ou see that each time the PPS has gotten down around the $1.30 area there has been a rebuond.  

In technical terms one would say that $1.30 is the support level because its at that price where bulls come in and defend the PPS.  That's not to say that resistance can't be broken...it can of course.  Just because a batter has a career .280 average and goes into a slump....the law of averages says he will rebound, but it doesn't always happen.  

On the flip side there are levels of resistance, where bears are said to step in and knock the price down. And using the baseball average analogy again, just because a career average hitter starts streaking and is hitting at a .340 clip....that doesn't mean that he has to cool off, its just the law of averages saying he probably will.

The idea behind support and resistance levels is that there are active traders buying and selling....not everyone buys and holds.   And there are a lot of investors who will do both....people who will buy and then hold onto a core position, while trading in and out with a trading position.

But nobody is going to get rich trading in and out of RVX by the look of things....not with volumes this pathetic.  Hopefully with everything coming down the pipe over the coming weeks and the next couple of months....hopefully that changes soon.