RAC 0.93% $1.62 race oncology ltd

RAC - Charts & Price Action, page-19225

  1. 126 Posts.
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    7-Feb-2024 : Keeping it Simple with Price Action & Technical Analysis
    Sorry to hear your story @guessingame
    Dont want to worsen your pain, but I saw this thread in the top-rated section on HC homepage, and being a Price Action / TA thread, I thought to check the charts and give my 2 cents. I don't own this stock and it's my opinion, may not be correct.

    Just looking at the Point & Figure for 15 mins, and almost a year's duration.. my opinion this is a stock to be kept away from..
    This is in some serious downtrend. For the short term, someone can look at it only if it crosses immediate resistance at 0.75, below which it will remain in bear hands. And medium-term outlook will change bullish only it sustains above 0.835, and crosses 1.085.

    https://hotcopper.com.au/data/attachments/5942/5942353-5199a301bf148b45a16fc3b1d3fdce64.jpg

 
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