Retractable Technologies, Inc. (RVP) Social Stream



Retractable Technologies, Inc. (RVP): $0.57

0.04 (-7.15%)

POWR Rating

Component Grades

Momentum

F

Stability

C

Sentiment

Quality

C

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Industry: Industrial - Services

Industry

A

Ranked

#36 of 79

in industry

Featured Post From StockTwits About RVP

$RVP Update on the Big Blue Arc now that the week is done.
I follow weekly and monthly value areas and points of control on a 1hr chart with extended hours included just in case you want to pull this up to verify for yourself

The orange line is basically the top of value on a volume profile pulled from the March 2020 Earnings report to the last earnings report. Notice Week 11 Point of Control still hasn't been broken and is at about the same level. That's at 13.40-something and is the price point that @HamsterToe said a few weeks ago he thinks the institution with the biggest short position is flashing on occasion

The Value high, Value low, and POC for this week are drawn over where price-action will take place next week

When price moves sideways (rangebound) within a value area for a considerable amount of time (week, month etc) it tends to move up violently when it does finally break that range

My guess is rangebound within value or between value high & long-term POC next week
Jmmarcell, published August 6, 2021

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