RAP.AX Nice ascending flag form, should consolidate over...

  1. ryobal
    7,161 Posts.
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    22/12/17
    15:00
    Post #: 29836496
    RAP.AX

    Nice ascending flag form, should consolidate over 7.5-8.2c range  before breaking out (either way).. but with stronger fundamentals now in play and a lot of major trials approved and commenced anticipation and appetite for RAP might kick in with FOMO..

    Lots of expectation for this to head back from this range to 30-40c on good news...

    This was derisked for me from the ann: Positive Results from Australian Adult Clinical Studies and imo should be a 10-15c stock now.

    Absolute game changer in this industry.

    University of QLD, Belinda and Bill Gates foundation backed..

    IRB's approval received 2/3 waiting on the last 1..

    Also plenty of cash in the kitty...
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    lightbulb Created with Sketch.  Great analysis
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