hotel giant Hilton Worldwide ( NYSE:HLT ) emerged as a beacon of hope, capitalizing on pent-up travel demand and soaring occupancy rates. However, as the industry adjusts to the new normal, challenges loom on the horizon for Hilton ( NYSE:HLT ), with forecasts for 2024 profit falling below market expectations. We delve into the intricacies of Hilton's ( NYSE:HLT )...
As price broke out around the mid 150s for this equity, there seems to be much more growth ahead for this dividend giant. When interest rates cuts were to happen in the near future, consumer services within the hotel industry could set further guidance to profitability. In the meantime even with the current market conditions the valuation on this has been on...
Hilton had a quick and strong run up the past month. At some point it needs to come for a retest. And I believe that could be near. As a result, I want to jump on this opportunity before the majority starts shorting the stock. I will get in early for a better premium, and will get our early, before a turn around.
I like to look at higher time frames, identify...
Neutral until broken.
Top line slopes down and is resistance until broken. Then it becomes support.
Bottom line is support until broken. Then it becomes resistance.
Some would measure a triangle targets using the measure of the wide end then projecting it up or down from the break of the triangle. This one has not broken yet.
No recommendation
Very nice weekly channel up. Target is 3R+ but I'd probably look to lock in profits before that.
You could choose a lower target if you're impatient.
If it goes my way I'd look for adds on the Daily chart.
Hotel stocks starting to show up on my scans and showing some promising action and fundamentals.
$HLT is a Thanksgiving scan special!
Broke out of a head and shoulders bottom and putting in a clear pivot above its pattern neckline.
Worth watching heading into next week.
The PEAD projected a Bullish outlook for $HLT after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
Order SELL HLT NYSE Stop 123.74 LMT 123.74 will be automatically canceled at 20230401 01:00:00 EST
HLT daily bearish hammer at Fibonacci 50% retracement begining of wave 5 wave 3 downtrend.
The PEAD projected a Bearish outlook for $HLT after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
My trading plan consists of collecting 5 confirmations MINIMUM on one singular timeframe, across 4 different timeframes (20 total minimum) before I even propose a trading idea to my community.
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Disclaimer: Though I take banger trades, you MUST understand the following DISCLAIMER: I am NOT your financial advisor, a financial advisor, NOR do I give financial...
Hilton holdings are performing quite well for a while. but now it broke the trendline on march 2nd 2022.it grabbed liquidity from price of 130 $ and moved to range of 145$ . with high inflation and low savings in Bank accounts.i shorted at 146.53 $ . And i dont like there service
Technical Reason:
1. Failed to break $160 ( three times)
2. RSI strong negative divergence.
3. Elliot Wave Complete
4.fibonacci 161% is at around $115 level
Fundamental Reason:
1. Long-term Covid effects in this industry
2. Higher Inflation. Increasing oil prices will further hit the industry negatively!
3. Company's debt is very high, lower operating margin....
