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RIV has consolidated for 3 months forming a good base pattern to lauch a rally. With the MACD and Stochastics in a bullish relationship a break of $2.11 would project a target range of $2.50 - $2.60.Chart Chat notes are based on our experience of applying technical analysis to the market and are designed to be used as a tutorial showing how technical analysis can be applied to a chart in real time to identify potential profitable trades
RIV has consolidated for 3 months forming a good base pattern to lauch a rally. With the MACD and Stochastics in a bullish relationship a break of $2.11 would project a target range of $2.50 - $2.60.