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stephanelibatd
Mar 3, 2021 3:10 PM

TRAVEL PLUS LEISURE Opportunity Daily Short

Travel Leisure Co.NYSE

Description

Hello traders, TRAVEL PLUS LEISURE is in a bearish fake combination with a shooting star form and a paid sales volume faker return. By zooming the TIMEFRAME M1 we see a dash with a low volume of past purchase, it is about to integrate the range (rectangle). To check the different levels of the bollinger as well as the VWAP and come and test the top of the range. It is very plausible to breakout the price with the return of momentum at the same time ranges it to join the next one and reach the next high.
Before the breakout of a range (see TIMEFRAME M1) for this confirmation followed by a next strong resistance to give way.
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