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