Revolve is a sleeping giant. Also real cute skimpy clothes too.
Longer time frame trade - Months
Reasons why I like Revolve (apart from their sexy clothes lol check it out)
- 6 month bear trend - over
- Bear trend reversal with inverse Head and Shoulder - happened over 6 months
- Evidence of new bull trend
- Fundamentally, they have been profitable during the plandemic, E- commerce theme, Growth stock with low Market cap. (Low market cap stocks do much better % wise with hype)
Evidence of new bull trend supported buy
- Green Monthly TD sequentials
- Dailys Closing above TD set up trend
- Positive Consensio - Short term, medium and long term moving average all positive.
- The 200 MA is bound to steeply move upwards, due to the March lows being taken out of the 200 day average calculation in a months time.
- Clear reversal with H+S and hard support / Resistence flip @ 20.88 being taken out.
Reasons why I like Revolve (apart from their sexy clothes lol check it out)
- 6 month bear trend - over
- Bear trend reversal with inverse Head and Shoulder - happened over 6 months
- Evidence of new bull trend
- Fundamentally, they have been profitable during the plandemic, E- commerce theme, Growth stock with low Market cap. (Low market cap stocks do much better % wise with hype)
Evidence of new bull trend supported buy
- Green Monthly TD sequentials
- Dailys Closing above TD set up trend
- Positive Consensio - Short term, medium and long term moving average all positive.
- The 200 MA is bound to steeply move upwards, due to the March lows being taken out of the 200 day average calculation in a months time.
- Clear reversal with H+S and hard support / Resistence flip @ 20.88 being taken out.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.