SPECIALITY trade ideas
POSSIBLE REVERSAL IN SPECIALITY CHEMICALSPositive momentum for Speciality Chemicals.
[Notice bullish divergences.
Perfect time for a rounding bottom formation for high risk traders/Investors.
SPECIALITY - FLAG BREAKOUTSpeciality after a nice rally has given a flag breakout.
A flag breakout is a continuation pattern which suggests that the uptrend will continue.
Go long at current market price 120 for target 124,128 and then 135,140.SL 109 on closing basis.
Goodluck Trading!
Specialty Restaurant: Wonder AccumulationYou have a bigger degree consolidation or accumulation highlighted by the green shaded box and a smaller degree one represented by the yellow box. Notice the breakdown, breakout and retest. Was reminded of my mentors quote "There are no accidents in price"
Chart looks bullish and today's price action is promising. This one is in my shopping list. Plan your trade and position size correctly.
Breakout in Speciality RestSpecialty Rest has broken out of falling channel with huge increase in Volume..After few days of consolidation it has again gained momentum.
Aim for Target 3 with SL of 72 on closing basis.
