...We Welcome You To The Resverlogix HUB withIn The AGORACOM COMMUNITY!

Free
Message: When is the volume going to kick in?

With just 10,015 shares trading hands Monday....all I can say is WoW.  That's the lowest volume across all trading platforms that we've seen in the past 3 months.  The next lowest was this past Thursday at only 12,910

Gazing at the chart it looks to me like the last time we saw volumes this low for a sustained period was back in March/April of 2018.  

IMO RVX is wound about as tight as it can be....and all it will take to snap the spring is for volume to kick in.  Assuming we get back to 100K+ trading daily for at least a few days, (imo it has to happen at some point) I think we're going to see a sharp and explosive move....either up or down.  Obviously I hope its up and given where things stand with BETonMACE being so close to the end that is the most likely outcome imo....however I can't dismiss the risk of another bear raid or the possibility that a black swan event could materialize. 

I have room to add but I'm keeping my powder dry if something does happen to drive the PPS down...I don't think its likely and I hope I just end up sitting on my cash, I have plenty invested already. 

I'll be happy if even the lowest prediction for the PPS in Sept comes true.    

Share
New Message
Please login to post a reply