inverted head and shoulder pattern pros: good volume breakout break horizontal resistance RSI 66 favourable good green candle cons: ADX is 19 indicating weak trend or trend reversal
All hotel stocks are on an upswing...Chalet has broken out of channel and moving up. I am not a big fan of hotel stocks..most have bad numbers fundamentally - but for the short term they are ok
Chalet------------------------- Study purpose only, PV BO
cup and handle pattern has formed in weekly time frame ,volume looking great. and we can see a break out as well
The stock all time high is at 400 levels The JW marriot is owned by chalet hotels This is the best stock to hold for unlock theme One can add this stock in oortfolio for 50 to 100 % gain in one year time period It is multibagger stock that is coming in radar
stock looks bullish on chart where to enter already describe on chart
corona , no profit , but still hotel stocks will pump. guess why it is shilling month
CHALET - Volume Breakout These idea's are not my recommendation. Do your own analysis before making any trade based on this idea.
👉 Strong breakout with high volume and closing above 200sma. Bullish Set up.
Intraday analysis for Chalet on 18th AUG 2020