WONDERLA trade ideas
Wonder la If crossed 370 it could go up for 20 PointsThis is my first posting. I think if Wonder La Buy @ 370 for 390.
SL @ 360
Book Wonderla Holidays For Your CinderellaVery Important : One Can Go to Wonderla Along With Cinderella Only.
Less Important Details and Levels are Mention on Chart ;)
Wonderla HolidaysThe stock has broken out from a good triangle pattern with good volumes, the stock can gain further if it can manage to close at current CMP by the weekend! Can it? Let's see!
Go Long in WONDERLA06-01-2018:
Go for buy if it closes above 400, SL 370
Target Open
Possible Targets 540, 650, 725
Wonderla weekly chart- TL breakout. Tgt 400 in 1-2 months.The stock has been in approx range of 330 to 400 for almost 2 years. Stock has bounced off from lower end of this range recently. It has also broken out of downward sloping trendline at 345 today. The RSI indicator is bouncing from oversold levels. MACD indicator is also making bullish divergences. Company posted good q1 results too. We hold.
Wonderla on uptrending. Can be a multibaggerOn Weekly candle sticks of Wonderla, it looks Wonderla is maintaining the uptrend and it can easily be a multi-bagger considering the facts that
- There is no considerable competition for Wonderla in the Cities they operating (Cochin, Bangalore, Hyderabad)
- Infosys co-founder Narayana Murthy also invested hugely
- Newly building a theme park in Chennai
Just buy and forget.
If falls below accumulate till 340.
KINDLY ADVICE ME IF MY VIEW IS WRONG :)
Slow "ride" ahead !!!Post the recent quarterly numbers the stock slid steadily and had formed a double bottom on the daily charts ~315, Recommend a long trade on the name with stops placed at the recent lows on a firm close, anticipate a target of 375 - Fib Golden retracement of the fall over the next 15- 20 sessions.
Wonderla HolidaysRefer red line in chart. Price has gone below this support line for ascending triangle breakout. This stock can further fall upto 360-370.
