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RVLV Bullish Wedge Setup

RVLV Bullish Wedge Setup

by | Jul 28, 2021 | Chart SetUps

Revolve (RVLV) shares consolidating in a multi-week bullish wedge and hammering yesterday back above its 8-EMA in a nice sign of strength. RVLV has a small volume node at $71 an above can make a nice run with a longer-term measured move to $85, plenty of room to run as MACD nears a bull cross.