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Royal Orchid Hotel
After correcting, stock moving up slowly, Rounding bottom pattern can be seen.
Price at major Resistance level may break seeing Volumes.
Entry can be above 110 levels on a closing basis.
Also, 111 is a major Fib level, if it breaks can go up to 135 levels ie fib 50%.
Target can be 10-20% on a trailing basis, upuo 120-130 levels.
SL will be 95 on a closing basis.
Unlocking theme still plays, so hope for this script.
Above levels are for Education purposes only, please do your own analysis before any trade.
After correcting, stock moving up slowly, Rounding bottom pattern can be seen.
Price at major Resistance level may break seeing Volumes.
Entry can be above 110 levels on a closing basis.
Also, 111 is a major Fib level, if it breaks can go up to 135 levels ie fib 50%.
Target can be 10-20% on a trailing basis, upuo 120-130 levels.
SL will be 95 on a closing basis.
Unlocking theme still plays, so hope for this script.
Above levels are for Education purposes only, please do your own analysis before any trade.
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