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Message: TA

It was a nice rebound today. Technically, it formed a Hammer which is a one-day bullish sign for a reversal. Big time traders like the shadow to be at least twice as long as the body while today it was about 7 times as long. It needs a couple of days of at least climbing slightly to confirm it but this is a start. The buyers took over the trade from the sellers as the day progressed. It was also at a level that was possibly a reversal so hopefully they work together. Usual caveat says that RVX is light trading for TA. 

Hopefully the news of the PP starting to fill up gets confirmed so we can get back to the real issue of getting positive Top Line data.

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