ShakeShakeLeg

Not a Hotel Company - Take 2!

NYSE:BHR   Braemar Hotels & Resorts Inc
What I see...
+ Inside Hammer on high volume
+ Prices gap-up , didn't need to pull back to 10ma, before retracing back above day-high
+ RSI is rising
+ MACD is flat but creeping into bullish territory
+ Low price stock

- 10ma is far away
- MACD is bearish
- 1st resistance at high $3

What I setup...
+ Long entry above day high
- Stop under day low
+ Target at mid-$5
:: Duration - 2 weeks

** Comments and Likes are appreciated; New Subscribers deserves a stay at a nice hotel. **
Trade active: Setup triggered; Long position
Trade closed: stop reached: Stopped out today