IHG monthly trendline breakout

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This is a monthly trend line breakout coming out of Intercontinental hotels group.

Good part supporting from fundamental respect it’s one of the company based in UK and due to lower valuation in UK economy. This global level company has been valued very low so far so you can expect some boomer out here.

When we have look at monthly candles you can see probably some results in like 2 to 3 years, it will not be anyway immediate


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