china lodging group could be setting up for a nice big swing ghost town pattern in the action zone waiting for price action bullish hammer etc for entry signal
1. Buy into weakness at outlined levels. 2. Buy bull-flag breakout. 3. Long until China decides to slow down PT: 42 PT 2: 45 BTFD
LOOK AT THAT ONE WHITE SOLDIER AND HAMMER CANDLE AT SOME SUPPORT. we will watch for it to hit high target then get out!!
Broke on the 23 rd of decemeber now continuing to approach support and testing the 31..29 support Can continue higher, if so i am going to move up move stop.
Parabolic switched bullish. I want a strong close above 31.22 Risk @ 28.69
Now that I just highlighted how a similar setup led to higher prices last week with LM lets watch HTHT next week for signs of a similar break higher.
Hahaha a bit of stretch I know and so is the chart. Near all time highs.