Sell volume spikes to 88%, RSI begins to cool
Recordati slips 0.1% as sellers seize control near the highs
Sell volume spikes to 88%, RSI begins to cool
Our view last week
Recordati is in week 14 of a buy trade, with the model's coverage now complete: all 3 reference targets from our most advanced model have been hit, and the residual capital runs on at +5.05% since entry. The stop now follows the Inversion Point, in the 50 area, while the short-term technical picture shows the first signs of fatigue this week.
This week's summary
At Recordati last week's fatigue signs have sharpened: sellers took near-total control — 88% of volume on the sell side against just 12% on the buy side — while the stock sits boxed into a razor-thin range, barely twenty cents between the 51.35 and 51.25 areas, after being rejected off its 7-day high, in the 51.65 area. The weekly RSI slips from 57 to 56. The trade sits at +4.95% since entry, in week 15 of management.
IQS Phase
63
ordinary
Signal Strength
40
medium · weak
Sizing
REDUCED
Ranking
#45 / 60
EU-UK stocks in progress
Trade P&L %
+4.95%
from signal to today
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