$HLT Hilton Hotels - Breakout, Retest, Bounce
Broke above $129 resistance earlier this week and closed above after a retest yesterday.
Near term target: $148-$150 by mid-May
Note: Earnings on tap next week May 5th before the open.
A solid #company hmmm but doesn't pay you to hold
(not much in #dividends)
strong balance sheet as it has plenty of cash.
#TCOM could be a real money maker
please do your own research on the metrics of this company
in terms user growth
and market penetration.
Daily TF shows the accumulation period in progress.
The bullish trend will be confirmed after MidBB 1H cross above EMA50.
For early confirmation, there is a Bullish divergence at 1H indicate more buyers in the market.
We charted the percentage gain since 1st January 2020 till today for 1st tier glove and 2nd tier glove stocks. We use % scale so we could see how much % it has gained. We also include the healthcare sector RSI 14 to show the sector momentum. We also added few key dates
18/3/2020 MCO1.0 started
1/7/2020 Malaysia covid down to 1 case
9/11/2020 Pfizer claims...
In H1, we observed a pullback entering 61.8% support. We also observed the counter is in major uptrend and ready to form a new higher low anytime soon. Based on previous pullback, using Time-based Gann of 1.0, we expect the HL could complete somewhere ard 3-February, before doing a quick jump of +40% to 1.41.
This would be invalidated if price break support of...
Breakout emerged from very narrow BB & it’s done too steep, meaning this surge will not last even it came with substantially strong buying interest. Expecting pullback to follow on Monday.
The stock is highly overbought now where it already making a strong move in past few trading days. We expect the stock will continue limited upside for a few candles to close the previous exhaustion gaps and continue with a pullback (should the glove sentimen fades) towards area of value around 38.2% (1.08).
Best is to wait to buy on dip in the area of value...
I am looking for an opportunity to get in/ entry at more low as re-entry & tp short period or hold for longterm depends on local market news.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult...
Running through an uptrend parallel channel since 11-Sep, HLT-WA has potential to continue making Wave 5, as long as the channel didn't break. Strong support identified at 1.01 and 0.645 region.
Bankers chip still low at this point. It needs to break 50% before it could really fly.
Volume still low compared to August. With Glove-Vaccine sentiment and political...
Demonstration & Ilustration For Analysis Tools by MFA.
Trading Style: Swing
Estimated Holding Period: 0-2 month
Checklist For Bullish Setup:~
1. Candlestick: The price has closed with a strong Bullish Candle. Yes/No?
2. MFA S&R Line: The price is still at Support Zone area. Yes/No?
3. MFA Trend Line: The price has started to break downtrend line. Yes/No?