YTRA trade ideas
$YTRA about to breakout from long term down trending trendlineI am long from $1.95 . Indian domestic flights already at approx 80% pre covid levels.
Target $3
$YTRA Yatra Online, Inc. Bullish Break Above the 200MAYatra Online, Inc. engages in the business of selling travel products and solutions. It operates through the following segments: Air Ticketing; Hotels and Packages; and Others. The Air Ticketing segment offers flight ticket booking services to its customers. The Hotels and Packages segment provides hotel room booking and tour packages. The Others segment engages in providing third party advertising on website, rail & bus ticketing, and cab booking. The company was founded by Dhruv Shringi, Manish Amin, and Sabina Chopra in August 2006 and is headquartered in Gurgaon, India.
YTRA *ON WATCH*Looks to be a double bottom with 20/50MA cross. Lets see how this pans out. Could cause one more bottom or take off. Just have to wait and see on this one could be soon as tomorrow or take days.
