Agreed
Thankyou for sharing the video @EddyG.
Very nicely presented by this man.
What made me smile even more through this video is remembering his last technical video that I saw only a few weeks ago , for RNU.
*Can say —the company greatly exceeded his nearterm shareprice target projections
Notably , as all market moves are - for very real fundamental reasons.
The fundamentals & developements had been announced in the past 6 mths and more, & had not greatly changed. Then a new update and suddenly the market not only saw that announcement but also the overall picture and all the story of the real future and the value of the company‘s position in the market & timeliness of this and the potential future returns in the global context.
The re- rate or recognition. The market (investors, fundamental position takers + larger money inflows) suddenly ‘value’ the company and fundamentally want to now take a position. Though can see the stock had been at least the multiple underpriced. Market had not been so interested recently.
Corollaries to Race Oncology.
Rocketed can say ~ 2 1/2 times after this guys technical video, is what happened.
Be terrific if the guy's RAC video portends our fundamental re- rate here
RAC - Charts & Price Action, page-10321
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Last
$1.73 |
Change
0.030(1.76%) |
Mkt cap ! $289.5M | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.75 | $1.73 | $46.02K | 26.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1213 | $1.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 200 | 1 |
View Market Depth
| Last trade - 10.26am 08/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |