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Revolution Lighting Technologies, Inc. Message Board

  • thetechtraderca thetechtraderca Jun 25, 2013 12:23 PM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on RVLT at TheTechTrader site noting: Revolution Lighting Technologies, Inc. (RVLT) has been in a 9-week consolidation. The rising bottom line has held as well as the major trendline and the 50-day. On Monday, it had an exceptional day in a lousy market. It moved up from the 3.41 to 3.99 area, up 29 cents, or 8%, on 1.6 million shares. That was the best volume in about six sessions. Let’s see if it will break out of the little downtrend and follow through with what looks like a potential late breakout. Look for it to move up to test the 4.50-.60 range, and then eventually testing the next target at 5 1/2, and then 7.

 
RVLT
6.48+0.02(+0.31%)Aug 26 3:59 PMEDT