WONDERLA HOLIDAYS --BULLISH BREAKOUT--EDUCATIONAL PURPOSE
Closing above key resistance zone 400-420
Increasing volumes seen in last 6 months.
In September attempted to break the resistance zone but could not close above it. This week successfully breached resistance zone.
Now expected to continue the move further which can be extended up to 700-750.
Fibo targets suggest levels 594 and 735
Target 1 -- 594 (41%) Till Jan 2025
Target 2 --735 (75%) Till May 2026
STOPLOSS - WEEKLY CLOSING BELOW 317 (-24%)
Time target -36-40 months (Till June 2026)
Closing above key resistance zone 400-420
Increasing volumes seen in last 6 months.
In September attempted to break the resistance zone but could not close above it. This week successfully breached resistance zone.
Now expected to continue the move further which can be extended up to 700-750.
Fibo targets suggest levels 594 and 735
Target 1 -- 594 (41%) Till Jan 2025
Target 2 --735 (75%) Till May 2026
STOPLOSS - WEEKLY CLOSING BELOW 317 (-24%)
Time target -36-40 months (Till June 2026)