Buystock gives channel pattern breakout
Volumes also good at breakout
Rsi is above 60 witch is good for us
CHALET trade ideas
Chalet HotelsChalet Hotels made inverted Head & Shoulder, given good breakout out of resistance zone after retest should fly.
chalet inverted head and shoulderinverted 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
Breakout from channel with big volumesAll 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
cup and handle patterncup and handle pattern has formed in weekly time frame ,volume looking great. and we can see a break out as well
Chalet hotels analysisThe 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
this is what we can a shilling monthcorona , no profit , but still hotel stocks will pump. guess why it is shilling month
CHALET - Volume BreakoutCHALET - Volume Breakout
These idea's are not my recommendation. Do your own analysis before making any trade based on this idea.
