Re: Posted this to social media...
in response to
by
posted on
Oct 29, 2020 03:17AM
It broke the wrong way...for the bulls. The pennant I had drawn out, the PPS dropped out of it to the downside, not by a lot but.....ugh. Many here have expressed the view that TA for RVX is useless....and I agree that the chart patterns are very unreliable because of the incredibly low volumes, but I have never completely dismissed the chart.
To me this is a bearish chart pattern now.....hopefully I'm wrong again.