[Premium] Trade Of The Week

JC Parets
October 26, 2022

This week we're looking at the stock from the capital goods sector. Stocks from his sector continue to show strength in a consolidation type of market setup.

RHI Magnesita India had a breakout above the six-month base. The price is set to move higher with a confirmed breakout and momentum in strong bullish overbought territory. We're positive above the risk management level of 668, with a target close to 835.

Click on the chart to zoom in.

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Allstarcharts Team

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