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Oct 27, 2016 3:58 PM

Long-Term Buy for H (Hyatt Hotels) Long

Hyatt Hotels CorporationNYSE

Description

After a significant correction, it looks like Hyatt might finally be resuming its long-term up-trend.

It being supported by its 1-year moving average (shown by the blue line), and also a 38% Fibonacci level (shown by the red line).

If the supports hold, we can expect H to head to new highs over the next 5 years, which makes it a good candidate for a buy-and-hold retirement portfolio.
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