Hyatt Hotels Corporation, ticker H, has bounced of it's support level sitting at just $106.6 and it's moving up. I love buying stocks which bounce from it's previous supports, especially when this support is acting as it's previous high. Things to consider with this trade idea: 1. My Stop Loss will be placed below the support line, around $103.45 level, this...
Areas in grey are comparable and precede the downward movement Price dips to a peak in the areas in red which correlate well with the RSI The first grey recovery was strong The second should repeat this strength Green line is the major uptrend Green bars pattern is expected price movement, as per the first recovery
potential inverse head and shoulders thats been in the process of playing out for 2 years testing all time highs. could potentially be a huge move for the stock. however the earnings report is looming and we have seen the devastation that could cause recently. something to keep an eye on for sure for this hospitality stock. happy trading everyone and im glad...
We have a clear descending channel breakout on the Daily chart. With market weakness we did not have a continuation today however above 83.60 we could see a retest of $90s
Hyatt is part of the hotel sector that has been battered by COVID-19 and since Mar it has slowly been gaining ground by following the overall market's bullishness. As it is one of the hugely weakened sectors, I don't expect much speculation/volatility in this sector (Near term). At this point (24 Sep), the market has been bearish across sectors. H's price...
put this stock into the trash, just like their room quality.
Hyatt had seen a nice breakout from the triangle pattern and potentially might see it reaching new highs