RAC 0.60% $1.69 race oncology ltd

RAC - Charts & Price Action, page-8490

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    Pretty obvious resistance at the triangle mid point $3.50ish..this is just another thing to add to the growing list of TA signs which are pointing to a triangle down side target of about $2.20 ish..not a good look today..but anyway next thing to watch is obviously that $3.50 level but also the 13 and 65 day EMAs for either a bullish cross over or a parallel merge where they just kiss but not cross ..this is pretty common in trend continuation. RAC triangle mid.png
 
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