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[Premium] Trade Of The Week

November 9, 2022

This week we're looking at a stock from the Leisure sector.

Lemon Tree Hotels had a multi-year base breakout and started its journey in the blue sky zone after no gains for over four years. The current momentum is bullish. Here 90 is the critical risk management level which has acted as resistance for the past two times. So, sustenance above 90 would be bullish for the target of 138.

Click on the chart to zoom in.

  Thanks for reading and please let us know if you have any questions.

And if you're a Premium Member, check out our other weekly post, "Three Charts For The Week Ahead."

Allstarcharts Team