UnknownUnicorn21312077

Another requested analysis! Let's study AHT! šŸ‘

NYSE:AHT   Ashford Hospitality Trust Inc
Ok, as @miccross86 requested, here it is my view about AHT!

We have multiple signs around. The 6.65 is the previous bottom, and if AHT breaks this price again tomorrow, it could drop to the next support areas, like the 6.34 (gap), or the 6.13.

Yes, AHT just hit the 20ma and it could go up from here, so, letā€™s wait more confirmation, ok? Watch the 6.65!


In the 4h chart, we traded outside the BB, but we closed inside it again, indicating some weakness. AHT did break the 6.65, but couldnā€™t close under it, and this is important! This price is an interesting point to keep our eyes on tomorrow.

The RSI has a divergence, and if AHT loses the 6.65 for good, the 6.13 is the first target, and the 20m is the second one.

Yes, the indicators are showing some weakness, and we are far from the 20ma, but the price didnā€™t confirm anything yet, ok? Again, focus on the 6.65 This stock can keep going up, breaking the short sellers on its way, so, be careful! And if you see a correction, no need to stress, as this is a bull trend!

If you liked this trading idea, remember to click on the ā€œFollowā€ button to get more trading ideas like this, and if you agree with me, click on the ā€œAgreeā€ button šŸ˜‰.

See you soon,
Melissa.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.