Im not currently on RAP but the price action suggests to me that this is another continuation pattern forming.... I expect price to bounce around between mid 20's to low 30's until it is ready to break out.... interesting how the price came back and sat on the previous trend channel as support....
RAP reminds me of another totally unrelated stock PLS, it had an almost identical chart pattern when that hit around 40c and came away to 22c....it recently hit high 60's.... I guess raps pullback has been from low 30's to low 20's PLS pullback was larger so shouldnt be too much of a problem for rap to break out....
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RAP charting, page-2445
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
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