The technical figure Triangle can be found in the daily chart in the Spanish company Meliá Hotels International, S.A. (MEL.mc). Meliá Hotels International, S.A. is a Spanish hotel chain. The company is one of Spain's largest domestic operators of holiday resorts and the 17th biggest hotel chain worldwide. Domestically in Spain the company is the market leader in...
Melia is completing an impulsive wave 🌊. Has it finished the 4th phase? In that case, go short.
The technical figure Descending Triangle can be found in the daily chart in the Spanish company Meliá Hotels International, S.A. (MEL.mc). Meliá Hotels International, S.A. is a Spanish hotel chain. The company is one of Spain's largest domestic operators of holiday resorts and the 17th biggest hotel chain worldwide. Domestically in Spain the company is the market...
Melia Hotels Internationals , breakout with Easy Target 4.9
Volume was flowing out and it seems that we could have reached to a swing point but I wouldn't be very optimistic and expect a rally.