BeastofWallStreet

Fib Levels - Profit margin opportunity

NYSE:AHT   Ashford Hospitality Trust Inc
Major Pullback from high, just went down until 2,42 level which is very strong level on fibonacci. It got lots of demand from that point and went up to 3,5-3,6 point which is also strong resistance for fibonacci level. For my idea , it will be between 2,42 -3,6 level for a while. it can be good opportunity to trade between area. its %35 profit margin area.

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.