CEYLON HOTELS CORPORATION PLC
Long
Updated

CHOT

163
overall weekly setups shows a massive cup and handle.. Handle has been broken and currently on retest.
GP resistance and Bearish divergence made the prices to come down short term. However clearing 20-21 range. prices might spike up hard.
Trade closed: target reached
CHOT did exactly the same and spiked up hard! and i did miss it ! great. it is currently being rejected by a fib level and still shows great bullish strength
20.2-20.7 seems like good support region


snapshot

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