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| Item Details | Price | ||
|---|---|---|---|
Stock name: REC LTD
Pattern: Break out pattern
Time frame: Daily
Observation:
Stock was trading in a sideways zone for quite a long period of time. Since May 2023, this stock has been in an upward trend. Currently, this stock is trading in an uncharted territory. According to technical analysis, if this is able to hold the resistance line and sustain above it, then it may show trend continuation on the upside.
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Disclaimer: This analysis is purely for educational purposes and does not contain any recommendations. Please consult your financial advisor before making any financial decision.
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