Recordati (RECI - Italy) is in 4th wave correction of impulse sequence, which is 5th wave in weekly time frame. It is currently in c wave down of 4th wave. One more possibility also there, as ending diagonal 5th wave if price penetrates wave 1 within invalidation level. Watch it closely, how chart unfolds.
Hello Guys, a new buy for Recordati, listed on Italian Ftse Mib / target at 36.50 Excellent risk-reward ratio. See you soon, Simone