RICO AUTO INDUSTRIES LTD
Long
Updated

Rico auto heading towards 19 year breakout !

Chart is self explanatory ! This scrip is about to break 19 year old resistance with HH - HL formation.
Note
Narrow range consolidation around the previous major resistance area (in this case high of 2017) is a good sign, but obviously work with SL. For me SL is just below 80 on weekly closing basis.

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