Based on the recent market trends and technical indicators, it appears that REC shares have entered the overbought zone on both the daily and weekly charts. This suggests that the stock may be overvalued and could experience a potential downward correction in the near term.
Considering this analysis, I recommend considering a sell order for REC shares at a price of 157, with a target set at 147. This target takes into account the potential downside movement anticipated within the next 3-4 days.
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