RICO AUTO STRUGGLING
The 2024 annual results of Rico Auto did not present significant figures, which explains the lack of strong buying interest despite the stock reaching a high of 157 on April 3rd. Since then, it appears to be consolidating its position. It seems investors are awaiting the quarterly results of this stock to consider bulk purchases, which will be disclosed in July/August. Until then, it may continue to retest its previous highs and recent lows.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.