RAP 0.00% 20.5¢ resapp health limited

So much obvious pumping on here. Traders be very wary of these...

  1. 136 Posts.
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    So much obvious pumping on here. Traders be very wary of these guys you have never met telling people to buy buy buy because the chart looks good. Im sorry @Red bar but the ascending triangle pattern you posted can barely be considered an ascending triangle pattern. Starting the trend line before a major gap up is considered very wishy washy and an indication of not a true ascending triangle pattern. The fact this is not a proper pattern is further evident in the fact that the 'breakout' today has not seen a breakout in volume, which is a fundamental confirmation of a true ascending triangle pattern. The volume so far is still less than 9 of the days used in your chart. Appreciate your commitment to the stock and your insightfulness you provide following conversations with management but people trust you so don’t abuse that trust by posting fundamentally flawed things in order to serve your narrative. Especially when a majority of people on this forum wouldn’t have any idea of proper TA. You sound like a smart guy so I am sure you realise that this constant pumping you and others engage with on this forum carries weight and impacts people’s decision on whether to buy the stock or not. This stock is still early stage, it has no revenue and frankly it has no commercialisation path yet as it still needs CE and FDA approval which hasn’t happened yet. There is still significant risk and judging by what people post on this forum they fail to acknowledge these risks- rather just constantly posting all the good things that COULD happen. I hold the stock and I want it to succeed. Probably going to cop heat for this but I and others are just getting sick of the constant unjustified up-ramping some people on this forum are doing. DYOR


 
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