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Relaxo
RELAXO FOOT LTD.
Long
Relaxo
By TORTOISE_MS
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Jan 6, 2022
0
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Jan 6, 2022
Relaxo Footwear was facing strong resistance around 1332-1345 from past almost 2 months & get rejected around these levels multiple times.
Today, Relaxo managed to break past these levels & trading above it comfortably although with not that good volumes.
Could be bought with mentioned stop-loss & targets.
Chart Patterns
congestion_channel
congestion_zone_breakout
resistancebroken
resistence
Trend Analysis
TORTOISE_MS
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