Look at the $RAVE daily chart.


Months of price discovery below $0.50. One violent spike to $2.40. Now trading at $2.14, with volume at 114K.
That is not a breakout. That is a wick in progress until proven otherwise.
Parabolic moves with no consolidation base do not hold. They retrace until they find structure.
The question is whether $1.80 is real support, or just the first stop on the way back down.
RSI at 89 says the move is exhausted. The chart says the same thing.
What do you see when you look at this chart?
RAVE40.05%
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