Lemon tree may show good upside in Few days 1-3 days of 15% after break out
City Lodge has been forming a Symmetrical Triangle since November 2022... It constricted into the apex and as most chart patterns, it broke above showing strong demand and buying momentum. Now with the holiday season and with more people going on vacations, we can expect the price to continue up. The first target remains at R5.44. Great to have in ones...
Similar to the previous analysis with City Lodge I just did, Hospitality, Hotels and entertainment sectors are showing strong upside to come. Whether it's because of the strong earnings, pause of interest rates, more foreign investments with the weakening dollar - Who knows. But the charts, are showing upside to come. We have the Cup and Handle formation, a...
The last update with City Lodge was the market was moving in a very large Symmetrical Triangle. It was luck of the dice whether the makret was going to break up or down. But there were certain signs showing an uptrend was more evident. The support level was making higher lows. The price did not crash down when it went below 200MA> And now with the 7>21 and...
My analysis of Windham Hotels & Resorts follows news of NYC's recent ban of AirBNB, a development which inspired me to discover which publicly traded hotel chain might be best positioned to benefit. Hopefully you will challenge my conclusion and/or my measurements with your tough questions, since this venue is meant to arouse the reverse-engineers and to provoke...
Buy Zone - 2 to 2.3 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a...
Wait for pullback to 10.3 to 10.5 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein....
Wait for pullback to 16 - 17 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always...
Cup and Handle seems to be forming on City Lodge. There are signs of a rounding cup, a handle that is in the process and now it needs to complete. Once the price breaks above the brim level, it'll be more positive for upside. 7=21 = About to cross Price>200 - Bullish RSI>50 - Pointing down? Target R6.51 WARNING is that the previous trend was sideways. We...
Here comes another gem in this sideways market.Shooting up with good volumes and, very strong on larger weekly time frame.Stock has given a breakout after good consolidation from Sep '2022 and currently trading in uncharted territory.Set up is too good to ignore and is having a good Risk to reward ratio.Stop weekly close below 300 and immediate Fib targets seems...
Another crowd favorite hotel. seems like trendline has broken and retested. Big moves can be expected from this one. last breakout good stopped by a Hidden bearish divergence that was made. Short term close above 14.7 is vital to continue bullish trend!
Seems like another counter waiting for a big move. Do note the massive volume spike. DMAS have convergence. 9.7 will be an important price point for bulls to flip.!
overall weekly setups shows a massive cup and handle.. Handle has been broken and currently on retest. GP resistance and Bearish divergence made the prices to come down short term. However clearing 20-21 range. prices might spike up hard.
watch out for the inverted head and shoulders break out.. pattern target is marked with a green line. downward trendline is need to be broken with volumes for any bullish move to sustain. Volumes are gathering in to the counter.
After making a bearish divergence and getting corrected now prices, now getting support at fib levels. RSI might give a buy signal if the triangle breaks up. (another illquid one)
Though another illquid counter, RCH seems like its ready for another leg up. RSI need to retest a bit. Overall counter seems to be in a massive symmetrical triangle with prices trading well above 200DMA. Look at fib levels for resistances
counter looks sluggish and trading with a channel. Due to illiquid nature of it, movement seems minimal.
After getting rejected at GP, counter currently seems getting support from a previous resistance 58 area. likely to break GP area and continue.