There are two techinical events that are thought to be very predictive of pending moves....both relate to the movement of the 50 and 200 Day Moving Averages.  There's the Golden Cross, when the 50 crosses over the 200 and it is supposed to be a potential indication of a breakout to a new and higher trading range.  Then there is the Death Cross which is the reverse, when the 50 drops below the 200 which is supposed to indicate a breakdown of the PPS to a new and lower PPS.

RVX though seems to do the opposite of what these crosses are supposed to herald. 

We had a death cross back in June of 2017 in the wake of the BB overnight offering...when the cross happened we were down in and around the $1.40 area....there was no breakdown to a new and lower range.

Then we had a golden cross in January of this year.....when the PPS was in and around $2 and we all know that wasn't a harbinger of a new and higher trading range. 

And now we're looking at another death cross.....so if the reverse pattern holds true we should be back to at least $2 or so within the next 2-3 months.