One of my followers asked about RAPT which recently had a rapid 50% decline. The question was if there's a bounce off the bottom made on 01/21/22, where could the most likely retracement level occur. The fixed range Volume Profile indicator shows that the strongest selling of the drop was a 24.42. This is called the Point of Control - potentially the...
potential flagg pole forming. wait for 24 break and then look to fill in its gap
Wait for a break of the 26 levels for target 32 and 39 to open.
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Current Portfolio: $XP: @$16 $TWLO: @$98 $TAL: @52 $PDD: @43 $DDOG: @36.80 Recently Sold: $X @ 7.12 for little over break even. $NCLH @ $13 for 30% gains. Watchlist: $PELO - Near ATH $NCLH - Target $9-10.50 $RAPT - Target $12.50 $NGM - Next pullback I'll add to my position <------ INSANE INSIDER BUYING $SHAK - Target $36-$39. $SPG- Target $45 range.
Rapt Therapeutics ( RAPT) skyrocketed in a massive technical breakout today, rising over 17 % to close at $36.75 RAPT, from South San Francisco, Ca is on the cutting edge of cancer research in the 21'st century, and is working on clinical trials for two of it's patented drugs,currently seeking FDA Initial Phase 1 Approval. I have written about Rapt Therapeutics...
Since coming public at $12.00, on 10/31/19 Rapt Therapeutics ( RAPT ) has been under accumulation, with the stock has rising to $42,and now after a recent triangle breakout, trading above 30 This company out of San Francisco,Ca is working on genetic cancer cure drugs. The potential for long term stock appreciation is very significant. but with any endeavor of...