Thread by @arcabulls

$REV-Playout PT 1: Our previously implied #bullflag is playing out like we said. During the after hours today, we came retraced to re-test the 0.618 #fibonacci ratio ($8.27) and have now closed the day at $8.35. This tells us that #rev #stock is respecting market geometry... cont

$REV-Playout PT 2: Price action is suggesting what we previously mentioned, #rev may want to continue in this phase for some more time and potentially reach the channel top before the next capitulation phase starts... cont

$REV-Playout PT 3: On our first #rev #stock post, we found hidden bullish divergence in the daily #RSI indicator and it worked out nicely. We can still go into a more overbought zone before driving down... cont

$REV-Playout PT 4: Daily #MACD indicator is also pivoted to the upside with plenty of room for continuation... cont

$REV-Playout PT 5: The descending channel has already confirmed after the 3rd touch of it's resistance. The current price action and recent increase in volume is suggesting a potential re- test and breakout of the descending channel in the coming days and weeks... cont

$REV-Playout PT 6: Please remember that #rev #stock is psychology and fundamentally impaired. Technical Analysis may vary. Use risk management when trading this asset. Thank you again for your consideration!

- ArcaB