Estimated March 16th share price of ~$4.98.
Ovarian breast cancer results released 23rd of Feb led to a $1 gain (33.6%) over 6 trading days. Note: the crossover of the MACD indicated by the red arrow bottom left.
Breast cancer results (extremely more valuable) released 9th of March. If percentage increase follows that of ovarian, it indicates a price target of close to $5 on the 16th of March. Note: the crossover of the MACD indicated by the red arrow on the bottom right.
Also, the patterns immediately after the release of the results are almost identical. A massive price rise followed by a retreat back and then movement back up to challenge the previous high. Let's see where this goes from here.
Also, I would like to add that my previous analysis looking at RACs historic price movements is more than likely off. While this means I was incorrect and that looking at historic price movements has not afforded me official tea leaf reader status, I can infer this: based on previous price movements, the current price movement of RAC is accelerating at a rate faster than previous price movements. That information is valuable.
All IMO - DYOR.
- Forums
- ASX - By Stock
- RAC
- RAC - Charts & Price Action
RAC - Charts & Price Action, page-4442
-
- There are more pages in this discussion • 17,150 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TLX
Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
Add RAC (ASX) to my watchlist
|
|||||
Last
$1.94 |
Change
0.055(2.92%) |
Mkt cap ! $330.4M |
Open | High | Low | Value | Volume |
$1.89 | $1.96 | $1.85 | $333.0K | 174.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3105 | $1.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.95 | 7574 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3105 | 1.940 |
2 | 30000 | 1.900 |
1 | 4861 | 1.880 |
1 | 3000 | 1.850 |
1 | 30000 | 1.840 |
Price($) | Vol. | No. |
---|---|---|
1.950 | 7574 | 1 |
1.995 | 10037 | 1 |
2.000 | 8000 | 3 |
2.020 | 4000 | 1 |
2.040 | 2000 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
RAC (ASX) Chart |