Sellers take control to push price lower

Sellers push price lower on RAP to trigger the exit level at 0.175 so the alert is now closed.

Alert History

Current Active Alert Management RAP

Time Frame : Daily/Weekly

Broker Consensus : BUY

RAP – Resapp Health Limited

RAP is having trouble kicking on through recent highs after hitting 0.205 today. Sellers may be starting to step into the action up at the 0.20 zone so we are happy to raise the risk level to 0.175 (Entry Level) and sit back to see how the buyers react. Price is still heading higher as the trend is up but is looking extended into 0.205. We will see how this plays out.

Stock Code : RAP – Resapp Health Limited

Company Website : www.resapphealth.com.au

Current Price : 0.20

Previous Buy Entry (Trigger Level) : 0.175

New Sell Exit Zone (Stop Loss) : 0.175

Potential 50% Partial Exit Zone (Partial Target) : 0.23

Status : On watch for continuation higher and partial exit

Previous Alert 19/06/19

Current Active Alert Management RAP

Time Frame : Daily/Weekly

Broker Consensus : BUY

RAP – Resapp Health Limited

RAP is continuing to edge higher after a vote of confidence for the company today from the CEO and Managing Director. Today news out on the extension of contracts for the CEO and MD saw buyers step in to the action. We see a break of 0.20 on the cards as buyers hold higher levels so are happy to lock away some gains up into previous highs around 0.23. Happy to also raise the stop loss to 0.165 from 0.15.

Stock Code : RAP – Resapp Health Limited

Company Website : www.resapphealth.com.au

Current Price : 0.20

Previous Buy Entry (Trigger Level) : 0.175

New Sell Exit Zone (Stop Loss) : 0.165

Potential 50% Partial Exit Zone (Partial Target) : 0.23

Status : On watch for continuation higher and partial exit

Previous Alert 4/06/19

RAP traded through 0.175 bid price so the alert is now active and the stop loss is held at 0.15. Currently trading at 0.175/0.18.

Original Entry Alert 4/06/19

New Buy Entry Alert RAP

Time Frame : Daily/Weekly

Sector : Healthcare Equipment and Services

Key Stats : $110.9 Million Market Cap, VWAP 0.175, ASX Ranking 718, 4 Week Av Turnover $158,959, Current Turnover (Intraday as at time of alert) $166,682.

Company Overview : ResApp Health Limited (RAP, formerly Narhex Life Sciences Limited) is a digital health company developing smartphone applications for the diagnosis and management of respiratory disease. The technology is based on machine learning algorithms that use cough sounds to diagnose and measure the severity of respiratory conditions without the need for additional hardware.

Broker Consensus : BUY

RAP – Resapp Health Limited

RAP is holding higher levels as buyers support price and build for a run up through the recent highs at 0.20. We are happy to buy at 0.175 (current buy level) and will hold a stop loss at 0.15. Watching now for buyers to chew away at 0.18 to take out the lower high.

Stock Code : RAP – Resapp Health Limited

Company Website : www.resapphealth.com.au

Current Price : 0.175

New Potential Buy Entry (Trigger Level) : 0.175

Potential Sell Exit Zone (Stop Loss) : 0.15

Status : On watch for buy entry trigger