One can go long in this stock with possible targets at 705 and 850 both of which are important levels for this stock from the 2018 bull market. A WCB SL of 615 (current breakout level) is ideal.
PS: RK Forging is an illiquid stock with fairly low volumes, please trade accordingly.
The stock is now headed to our second target of 849 and since it has consolidated for more than a few weeks the upcoming move can be very fast.
SL: trail SL to 665 (WCB)
TGT: 849 and beyond