Compression of price within the short and medium-term trend lines. Price bounced from 200 MA & 50 EMA support and faced resistance of 9 & 21 EMA.
50 MA is about to cross down 9 & 21 EMA, and MACD is positive divergence.
Expect a sharp breakout, SL = $0.8, target = trendlines.
$RVX - Oversold and on significant support. Look for a bounce in tomorrow's trading. It should want to get back to the bottom of the channel. If it fails will test $2.10
