LEMON TREE HOTELS LTDUpdated Descending Triangle BO
- After a prolonged Uptrend the stock went into a correction phase with low Volume.
- Took support at Fibo 62%
- formed a descending triangle at the support zone
- BO given with increased volume
- Trading above All major EMAs
- Bullish RSI (Daily)
Tip :- Hotel Stocks are looking good
- Took support at Fibo 62%
- formed a descending triangle at the support zone
- BO given with increased volume
- Trading above All major EMAs
- Bullish RSI (Daily)
Tip :- Hotel Stocks are looking good
Trade active
Going Good. Follow up buying happening
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Join My TELEGRAM for FREE t.me/Chartshala
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.