15 March 2007

RVBD - intraday chart

update - RVBD has kept going down all day...

RVBD dropped out of its trading range today... check back with it at the end of the day to see where it closes and the final volume tally. see all RVBD posting charting here.

2 comments:

brd said...

This is a nice setup. Biggest volume since this range started and seems to be under distribution.

walter said...

yeah - i am kinda hoping for bounce on weak volume back up to the bottom of the range or back up the 50-day moving average...

IPOs seem to run when they come out and then fall back and if this one follows that model, it has a ways to fall.

agree regarding the distribution