PRECWIRE Ready For Second Rally After Retest
Precision Wires has given a strong breakout above 208 with a sharp increase in volume, confirming bullish momentum. The stock has been following a consistent uptrend, and this breakout could lead to further upside, with immediate targets near 230. RSI is starting to turn upward after consolidation, indicating room for more upside momentum. Traders should look for sustained volume above 208 for further confirmation of this breakout.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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