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.
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