Hurry up and turn the damn machines on....
posted on
Jan 25, 2016 05:30AM
I am anxious to see how we trade this week, especially today...Monday. Asian markets already continued last week's late rally, so the macro view of the overall markets should be looking good. From ( http://www.ft.com/fastft/2016/01/25/global-rally-continues-as-asian-markets-rise/ )
Asian markets continued a global rally on Monday following a sharp recovery in oil prices to more than $30 a barrel and hopes for more central bank stimulus at the end of last week, moves which had sent global stocks to their first weekly gain of the year.
In morning trade, Japan’s Nikkei was up 1.4 per cent, while Australia’s S&P/ASX 200 was up 1.5 per cent.
Hong Kong’s Hang Seng was 2 per cent higher, while in mainland China the Shanghai Composite was up 1.1 per cent and the tech-focused Shenzhen Composite had gained 1.8 per cent.
I really think there's a chance for RVX to see some explosive trading, with big volume (100s of thousands trading in a day, maybe even 1 million) with a big jump in the PPS....from current levels to $2 in one day I think is very possible.
Time for the tide to rise and lift this boat and all its passengers. Horns are blowing and its not Don (or any other Resverlogix executives) with their lips on the mouthpieces.
Technically MACD is sitting right around (-).03 same as where it was in January of last year...I want to see it get up close to (+)4.0 again...and if that happens I think we'll be trading north of $5