This has been a Years Long trade and Sugar is nearly there at the 88.6% target, but I do think since we spent some time testing the B point as support that it has potential for pushing all the way to the 1.13 Extension to complete a Full ABCD, so I will be opening up another bullish position on the CANE ETF from here and targeting higher levels.
Ashford, like most hotel operators, took a serious hit due to Covid. They are hanging on and I believe they'll survive thanks to their strong portfolio of properties. I caught this one back in late December and early January and happened to notice that Oaktree Capital was supplying AHT liquidity. After further research, I am long. I think this one is going to...
