Multi week Bullish reversal Head and Shoulder Pattern on REC

Multi week Neckline of classic Head and Shoulder pattern is in the area of 145-148, chances of strong break out with good volumes in coming days as the momentum indicators like Monthly, Weekly, Daily RSI moving above 60 showing strength.

Kommentar:

Upcoming few days are very important for this stock...if stock continue to hold it's momentum then we can see new high very soon.

Kommentar:

Slowly and steadily gaining momentum week on week. Weekly rsi above 60 showing momentum intact.

Trade geschlossen: Ziel wurde erreicht:

Looking good for long term....Short term target reached.
Thanks a lot.