FavorableInvestors
$RLAY Swing recap — target tagged, closing the loop. Plan posted Fri Oct 23: long shares, entry $18.11 (zone $18.00–$18.10), target $18.98, stop $17.63. I entered Mon Oct 26 — 7 shares at ~$18.15. Why it surfaced: a demand-zone scan caught the V-recovery off the $16.22 October low — a higher-low reclaim into a defended $17.90–$18.10 shelf. Data behind it: $911M cash with runway guided into 2029, so no financing overhang in the window; analyst panel 13-for-13 Buy-rated with a $28 median target; institutional ownership about 97%. What happened: price dipped to $17.68 Friday — just above the stop — pressed to $18.96 Tuesday (2 cents short), then ran through the $18.98 target Wednesday to a $19.705 high, closing at $19.69. Stop never tagged. Just the plan, posted before and after — no guarantees.
