Buy SCHNEIDER ELECTRIC for 1-3 years
*Also, a 3-year old base breakout has already occurred and price is currently hovering just above breakout level (between 120-125)
*RSI also confirming base breakout.
*ADX marking a fresh 5 YEAR HIGH!
*Potential targets are 188.15 and then 219-226.
Stop loss can be kept at 97.45
Thus Risk/Reward ratio is favourable at 2.43 and 3.89 (for both targets mentioned above respectively)
NOTE: All the above analysis is based on weekly charts.
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