Buy RELAXO
BUY = 725
STOP = 675
TARGET = 850
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Weekly chart of RELAXO |
Why RELAXO is a buy?
The all-time high of Relaxo is 830.
A few weeks ago the price level of 650 acted as strong support.
The stock recently gave a breakout from the short term resistance of around 680.
The present momentum of this stock seems to sustain and continue.
stock is a buy at 725 with a stop of 675. The target price is 850.
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