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.
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