RAC - Charts & Price Action, page-13548

What are our charts telling us.

DAILY. Share price remains steady prob mainly due to the Buy back. We still sit below the 200ema. BB squeezing. Not much direction on MacD due to steady SP. RSI spiked briefly only to fallback down. Would be nicety see some light blue momentum bars pop on the Awesome oscillator.

WEEKLY: SP only just above the 200ema(pink line). We seem to be following the underside of BB median line. Hopefully the BB squeeze closer before we spike upwards maybe with first patient dosed ANN. Macd Pointing up although below the median and the momentum bars are starting to plateau. RSI has had a run in the positive. Can it kick a few more goals before retreating to the oversold? Would be nice to see some momentum bars on the above the median instead of below on the awesome indicator.

MONTHLY: Macd still running downwards although the maroon momentum bars look like they are steadying/plateauing.Will the grey (12) macd line bounce off the median? RSI showing we have been sold down since MAY 2021 and oversold since DEC 2021 of which we are all aware of.


YTD Performance. RACE black line. Speaks for itself. Our constant seller may have us lower than the others. None the less Bio is all tracking a similar direction.



NEED: I guess we need patience for the vision to come to fruition. Whats the catalyst for a rerate? Oral formulations? Cardio protect proven in the Clinic? Partnership with Amgen or another BP? Outside validation of Zantrenes true potential and worth$$$?

IMO charts looking a bit unloved. As we know we need serious buyers to come on board.

Warm Regards
Heyline