TSX-V:REC - TSX Venture Exchange - CA7562501063 - Common Stock - Currency: CAD
Overall REC gets a technical rating of 6 out of 10. Although REC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
REC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.02, a Stop Loss order could be placed below this zone.
0.02
We found 1 important support area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
0.07 | 0.03 | 0.04 (52.05%) | 1.92% |
An entry @0.07. This is a Buy Stop order right above the 10 day moving average. | An exit @0.03. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 52.05%. | When investing 1.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
TSX-V:REC (3/7/2025, 7:00:00 PM)
0.045
-0.01 (-10%)