RAC 1.27% $1.55 race oncology ltd

RAC - Charts & Price Action, page-20866

  1. 299 Posts.
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    1. As mentioned previously I wanted to see price hold above the node low at $1.64. Got rejected multiple times at that level on the second test and dribbled down to where we are now.
    2. AVWAP from the low back in play. Some buying under it towards the VN High to close back above on Friday.I wouldn't be surprised if price comes a bit lower into the old node that we left in March, but if the low is in then anything under here I consider bargain territory.

    Will we see some more selling to fund options? Have those who exercised earlier put some cash away to take advantage of that? Will tox news start some new buying? Conversion results? Interested to see how this plays out.

    https://hotcopper.com.au/data/attachments/6147/6147314-7fcdb36a6689cc0c141cd6961438360a.jpg

    Last edited by Teeth: 04/05/24
 
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