RAC - Charts & Price Action, page-32

Hi Titans19,

I would like to make 2 point's.

No. 1 - If Race dose not, sign a partnering deal with COH.
Unfortunately our share price will fall.
By the time you have blinked your eye lid, 150 trade's will of gone through and pushed the share price much lower than what, it is currently.

No.2 - Race is currently in the Oversold Territory, sitting at 80.27, on the RSI.
On the another post that @EWexplorer mention an Spinning Top.
This can be seen as Neutral, but like I said before, that the RSI is over brought.
Our share price, will fall.

So what I am trying to say, that if we don't get a partnering deal with COH, the market will not like it.

Remember, nothing goes up, in a straight line, unfortunately it must do a pull back.

Hope fully we do get a partnering deal with COH, as it will benefit, us and it will bring our Super Drug Bisantrene to the market a lot sooner.

Just remember, that I have been in RAC for around 12 month's and I have no intention at selling 1 share, waiting for the big pay day, to arrive.

IMHO.

DYOR.

Regards

Rossi70