Just Tell Yourself That This is Company is Not Hotels Related...
What I see... + Ultra high vol., post earning, to push prices to close above 10ma + ...after finding support from the 50ma a few days earlier + Bollinger Band is squeezing + RSI has just gone above 50 and rising + 10ma just crossed 50ma last week + Low prices stock!
- Long upper shadow on Friday - MACD is in bearish territory - IT'S A HOTEL STOCK!! - 1st Resistance at high-$3
What I setup... + Long entry above last week's high - Stop at under Friday's lwo + Target at high $4 :: Duration - 4 to 10 sessions
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