Royal Orchid Hotels - Sector strength + ATH breakout
The entire hotel sector is showing strength + guiding for strong numbers over the upcoming holiday season.
The stock is breaking into ATH while the entire sector is in strength.
Long at current prices but a smaller allocation. If the stock can retest 235 andd bounce from there it might make for an excellent long around that level + after the bounce adding more above 265 might develop a nice sized allocation which could reap good rewards into the end of the year.
The stock is breaking into ATH while the entire sector is in strength.
Long at current prices but a smaller allocation. If the stock can retest 235 andd bounce from there it might make for an excellent long around that level + after the bounce adding more above 265 might develop a nice sized allocation which could reap good rewards into the end of the year.