RECLTD | Trendline breakout and consolidation - Expansion mode

Updated
RECLTD | Lets see if it is doubling this year, i see it is in expansion mode.

CMP : 132
SL : 110
Target : 167, 180, 220

Same time smaller time frame has - RSI positive divergence and previous week Hammer candle gives hope for short term 15% move
Trade closed: target reached
First target is reached :)
bigtradebossbreakoutCandlestick AnalysisconsolidationexpansionHammerMultiple Time Frame AnalysispositionalriskrewardshorttermswingtradingTrend Lines

Also on:

Disclaimer