Chalet Hotels Ltd.
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Chalet hotes IHNS breakout

259
Chalet hotels has given an inverted head and shoulders breakout. Currently, stock is consolidating above the neckline.
A retest of 400-405 levels can give a good indication that the breakout is genuine and one can expect at least 100 points move which is the length of right shoulder. Long term targets can be 250+ points which is the length of the head.
SL is deep around 30 points at 375 levels.

Note:- Idea is shared only for educational purpose and should not be considered as a recommendation.
Not
Retest and continuation.
458 from 404. Hold tight!
Not
485 from 404.
20% done !
Not
580+ from 404.
Beautiful example of a pattern breakout

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.