City Lodge Hotels Limited

CLH: rounding bottom pattern

130
A price action above 460 supports a bullish trend direction.
Further bullish confirmation for a break above 480.
The target price is set at 500 (upper range of the rounding bottom pattern.
the stop-loss price is set at 440 (200-day simple moving average).
The win/loss ratio is 1.6:1.
A rounding bottom pattern, also known as a saucer bottom or a bowl bottom, is a technical chart pattern that indicates a potential trend reversal from a downtrend to an uptrend. It is characterized by a gradual and rounded price formation resembling the shape of a bowl or a saucer.

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.