SAMHI HOTELS - TRIANGLE PATTERN
Samhi Hotels has given Breakout of the Triangle Pattern after more than 4months at daily chart.
Today it gave a follow up candle but its a Red Doji so it may come down and retest at 182-186 levels. It has crossed 50ema at daily time frame, if sustains then probability of going up. It has reversed from an old support. Good quarterly results came.
Another candle on 9aug will confirm the move.
For learning and educational purposes only, not an advice.
Today it gave a follow up candle but its a Red Doji so it may come down and retest at 182-186 levels. It has crossed 50ema at daily time frame, if sustains then probability of going up. It has reversed from an old support. Good quarterly results came.
Another candle on 9aug will confirm the move.
For learning and educational purposes only, not an advice.
Nota
Samhi Hotels 193 to 206 within 8 trading sessions, stock re-tested at our levels, between 182-186. Power of Price Action.
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