RAC 2.92% $1.94 race oncology ltd

RAC - Charts & Price Action, page-11302

  1. 5,711 Posts.
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    Here's an overview (weekly) chart.

    There was a year between 28c and $4.23 (the chart high)

    There's been a year between $4.23 and that big doji on the weekly (low of $2.20)

    I expect at least 1.62 (times) the Wave 1 interval for Wave 3 (but probably 2.0 or more likely 2.62 IMO)

    So the targets to watch for in 12 months are (minimum) $8.68, (middle) $10.20, and (high) $12.68

    I'm going to stick my neck out and suggest the target is $12.68 which is a market cap of around $2 billion (plus dilution? effect (options etc))

    Which is a modest goal considering the opportunity.

    Remember this post for early April 2023 (12 months from here) and see how I faired.

    https://hotcopper.com.au/data/attachments/4241/4241007-0d2760e247cc7a04ce2d1ceb51b81949.jpg


 
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