With Elliot wave analysis RVN is in the 4th wave which is a corrective wave and the first scenario is that this wave is a triangle and there could be a fifth impulsive wave on the way. The fifth wave can make an upward trend for over two years. There is a support area at a bottom of the triangle which can be a good spot to place first buy order; but we can wait for the break out from the down trend to be more certain of the future trend.
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