REV: Good accumulation range, possible wycoff dip and spring.

REV appears to be setup in a good position for a nice rally in the near future. Its entirely possible that they could have a great Q4 to round out the year, looking for more guidance through future earnings and projections.

From a fundamentals level, the cosmetics industry has been seeing the brunt of the shift in the advertising industrial complex, with IT companies leading to circumvent traditional media sources and going direct to customer with metrics to prove engagement and nearly every other sales metric that is important for any selling and marketing company in the current landscape. It would be interesting to see if REV has become more smart and pivoted away from their previous, less nimble business model, and take advantage of direct to customer selling and social media marketing as a way to improve their operating income.

Admit-ably, i have no idea what the company's financial position or current state of affairs prior to making this call. but these technicals show a type of bullishness in price and future performance.

Price targets are around 35 USD, with some intermediate Take profit zones before it breaks out of this previous significant high of 28 USD.

There could be resistance as it tries to break out on this range, with the possibility of revisiting the 20 USD range. Sl is at 18.50