ROYAL ORCHID HOTELS LTDPembelian
2007 High going to break ?
*** This is a monthly time frame analysis so this will be used for medium term swing trade.
***All time high was made in 2007 , was 250-260 precisely 261 and it never broken till now.
*** There is lower high formation as indicated in chart.
*** This time , it is a 2nd attempt .
***As per price action , it should make one more lower high & a little consolidation near ATH then give a perfect breakout(sustinable high probability)
***If it give breakout without it , breakout may fail & fall under the *ATH ZONE* .
*** Happy Trading***
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