RVX has slid down for 4 months....going down to the $1.25 area. So assuming its going back to $3 and beyond its probably unrealistic to expect it to rocket up in a matter of days or weeks...
I keep looking back at the 3 yr chart, and I keep seeing that bullish cup and handle pattern....with the handle represented by the PPS line from that $3 area in April to the $1.25 area this month.
Perhaps its not realistic to expect a rocket ship....but I do think its possible.