Volume Profile for RAPTOne 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 strongest near-term resistance.
If RAPT can rally off its 1/21/22 bottom it could likely stop somewhere in the $24 area.
Major support for RAPT is in the $18 area.
Mark
RAPT trade ideas
RAPT D1: ACCUMULATE 200% GAINS (STOCKS/SPECULATIVE)Why get subbed to to me on Tradingview?
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RAPT D1: ACCUMULATE 200% gains(STOCKS/SPECULATIVE)
🔸 Summary and potential trade setup
. RAPT daily chart review and strategy
. Biotech sector outperforming market
. in 2020 due to corona hype
. accumulation at the bottom now
. TP bulls is open gap at 40/42 USD
. strong bottom / accumulation
. BUY near range lows (11/12 USD)
. TP bulls is 40/42 USD 200%+
. XABCD setup, point D at 27 USD
. which is 100% upside from here
. setup for patient traders
. DO NOT expect overnight gains
. This is stock market
. Not casino in Macau
🔸 Supply/Demand Zones
. fresh supply at 40/42 USD
🔸 Why should I follow your setups?
. Check track record it's all been posted
. MNRA 200%+ gains, NVAX 300% gains, REG 60%
. AMD 40% gains and a lot more in recent months
RAPTCurrent 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 Massive Upside Break Out !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 previously in 2019,
The stock is up over 300%, since it's initial public offering at $12.00 on Oct.31,2019
For the record, I have owned, and have been accumulating
this stock strongly since it's IPO, and would recommend purchase on any pullback.
You may not believe this.
I have an upside target for RAPT,of $1000.00 a share, within the next 5 years.
RAPT Last 36.75
THE_UNWIND
1/15/20
NEW YORK
Rapt Therapeutics Moon Shot PotentialSince 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 this kind comes substantial risks.
Disclosure :I have owned Rapt since the IPO at 12.00,
and have been accumulating the stock on any pullbacks.
You must be able to accept large bid/ask spread with this stock,and low volume
However, the reward potential here far outweighs the risks in my opinion.
RAPT could easily triple from the current price, when the company's
two patented phase one drugs show significant progress in current test results.
Strong Recommendation : Buy Rapt. Then hold on tight.
A potential gain of 300% from these levels, in time could easily be your reward.
RAPT 30.78 Last
THE_UNWIND
12/26/19
NEW YORK