REC here is the perfect example of resistance on the weekly chart of this stock anyhow it gives a breakout on that resistance and closed on above that trendline resistance so we can see coming upside rally in this stock and taking next resistance as a trading target with simple price action based strategy in this counter. Happy investing and trading guys with Trading view.. #TRADINGVIEW
Trade active:
HEADING TOWARDS TARGET GAINED 9% SO FAR
Comment:
VERY CLOSE TO TARGET
Trade closed: target reached:
TARGET ACHIVED