Oriental Hotels (D): MASSIVE VOLUME SURGE

Timeframe: Daily | Scale: Linear For those tracking the hospitality and tourism space , Oriental Hotels demonstrated a significant momentum expansion in today's session. Following several sessions of volume contraction, the stock surged 15.09% on an impressive volume spike of 49.65 million shares, decisively closing above its immediate short-term horizontal resistance. 🔥 Technical Highlights: ✅ Short-Term Breakout: Cleared & closed above immediate horizontal resistance. ⚠️ Major Test: Pushed intraday above long-term angular resistance (Nov '24) & compressing right below horizontal resistance (Sep '25). ✅ Momentum: Short-term EMAs in positive crossover across Daily, Weekly & Monthly. MACD & RSI rising on all timeframes. 🚀 Key Levels to Watch: 🎯 Short-term Target: 150 🎯 Breakout Target: 160 (if multi-year cluster clears) 🛡️ Support / Invalidation: 133 The structural setup is strongly bullish, though confirmation of a daily close above the multi-year resistance zones will be key for further expansion. Are you noticing accumulation across the hotel and hospitality basket? Share your perspective below! 👇