STTCOMP RCE TA LONGRecce PharmaceuticalsMC ~$96mSOI 203m plus...

  1. 5,522 Posts.
    lightbulb Created with Sketch. 1707
    STTCOMP RCE TA LONG

    Recce Pharmaceuticals
    MC ~$96m
    SOI 203m plus incentives

    SP $0.47

    WEEKLY

    Fibs don't work - seems to have overshot to downside but, it has formed a bottom on or around historic levels
    https://hotcopper.com.au/data/attachments/6089/6089423-d742ded5116de89949d19b685ec7aa33.jpg

    DAILY

    Multi bottom, MCD divergence, spike dump IMO was a holder "giving up"

    Combined with FA news this week though their business update, I think the SP has bottomed out and there will be some good newsflow in the next few weeks. This weeks included prep for Indo trials, further expansion in Aus of diabetic foot ulcer work, and US dept of Defence grant funding and presentations.

    https://hotcopper.com.au/data/attachments/6089/6089426-86e93a2a26f94a077f4dff9a60f37ea1.jpg

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.