Specialty Restaurants: Multi-timeframe breakout

SPECIALITY is showing an interesting multi-timeframe breakout:

• In Daily timeframe, it is showing a clear breakout of falling trendline.
  
• Volume is high
  
• RSI shoot up from 50 to 71
  
• Interestingly in the hourly chart also the pole-and-flag patten breakout happened with volume buildup.
  

Yorum:

Trade:
BUY above 238, SL: 234, T: 242/246
SELL below 231, SL: 234, T: 228/225