$RVP ...  this chart has the makings for a nice pop in about 3-4 days (maybe a little longer).

I wanted to write a blog post to call this early before it happens...  just so there is some accountability if it does or doesn't happen.

Why do I care?  Because I'm swing trading right now, so I'm trying to grow my account in a more "hands off" fashion.  I look for certain setups and get in EARLY.  This means I may watch some consolidation and sideways price action for a few days, but I'll be able to maximize profits from the move...  at least 30% upside in most cases.

So I'm in $RVP @ $0.59.

The setup: 

1.) Price had a falloff at some point in the recent past or it's in a downtrend.

2.) 13 EMA is sweeping down and well underneath the 50 SMA, which is diving down toward to meet the 13 EMA

3.) The 200 SMA is hovering well above indicating plenty of room to run.

4.) Bollinger bands are tightening.

5.) MACD also looks like it is getting ready for a crossover.

6.) And RSI is approaching 70!

So as you can see from the chart - it looks like all of the pieces are coming together here.  She just needs to consolidate and accumulate a little more.

We'll see what happens.

Trade smart and good luck to all!