#INDIANHOTELS INVERTED HEAD&SHOULDER BREAKOUT
The weekly charts for the stock shows an inverted head and shoulder pattern that ha clearly broken out.
Can u believe that it moved more than 41% . It also had taken out a major previous resistances since 2008 and 2018
while breaking out. The price momentum and trend indicators are bullish on every timeframe.
An entry could be made on daily retracement candles and FIB levels 23 could be stop loss for swings while
Neckline of HNS pattern can be positional long term play in this counter.
Can u believe that it moved more than 41% . It also had taken out a major previous resistances since 2008 and 2018
while breaking out. The price momentum and trend indicators are bullish on every timeframe.
An entry could be made on daily retracement candles and FIB levels 23 could be stop loss for swings while
Neckline of HNS pattern can be positional long term play in this counter.
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