Wonderla Holidays is showing price strength it has broken its trendline and cup and handle resistance with good volumes. Expected to give a good move.
SL 205
Target
288
348
470
Pyramiding into a trade:
Don't take the full position at once Maybe buy 25% on the initial signal Add another 50% on confirmation of the signal Add another 25% on the follow-through of price action Build your position 1 step at a time, Add to winners and losers are cut short
@vignesh247, Yes, It's a retest of the previous resistance, but it can also retest the trendline. You can start accumulating 50% and the rest 50% above 270 levels.
Mac7778
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Keep chalet hotels on rader too on a verge of breakout…. Whole hospitality sector may return double in a few months