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RVI - Retail Value Inc.: Short-Term Opportunity Brewing ?
Retail Value Inc.
There aren't any significant bearish signals on the technical chart of Retail Value Inc. (RVI) at present. In fact, if we were going to make an assumption of where the share price is headed, our position would be of a neutral to bullish stance at present.
We state neutral because it is entirely possible that price stays between the upper and lower trend lines (on the chart below) for multiple months to come. Parallelograms can be tough to read when aiming to time a breakout or a bearish move below the lower trend