By Sun Storm Investment Research A Profit & Solutions Strategy
Buy Whitbread (WTB.L) Whitbread PLC is a United Kingdom-based company, which owns and operates hotels and restaurants. The Company is organized into a single business segment, Premier Inn. Premier Inn provides services in relation to accommodation and food both in the United Kingdom and internationally. Market Cap: £6.38Billion Whitbread moved sharply...
Whitbreads forming an ascending triangle, currently looking oversold, sitting near long term support level. Needs to break circa 3800, then look for 4400 as potential target (long term resistance). please do your own research, this doesn't constitute financial advice.
I would have to see some more impulsive price action in the right direction to get really interested in this but I will be watching this stock carefully as it looks like it might have some promise from this counts perspective.
WTB Possible C+H and pullback, could be a good 'long', if it breaks it's current resistance level.