Choice Hotels International recently announced the termination of its bid for rival Wyndham Hotels & Resorts., ( NYSE:WH ) The decision came after Choice failed to garner sufficient support from Wyndham's ( NYSE:WH ) shareholders, marking a significant development in the quest for consolidation within the budget hotel sector.
Choice Hotels, known for its robust...
My analysis of Windham Hotels & Resorts follows news of NYC's recent ban of AirBNB, a development which inspired me to discover which publicly traded hotel chain might be best positioned to benefit. Hopefully you will challenge my conclusion and/or my measurements with your tough questions, since this venue is meant to arouse the reverse-engineers and to provoke...
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 75/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance....
Wyndham Resorts has shown incredible strength in fundamentals
* Revenue surged 32% in their last earnings report
* Fibonacci zone for BUY points (See shaded area on charts
* STRAT levels as shown
* Good option during high interest environment
As cases drop dramatically and interest rates rise, could affordable hotel name stocks be a good way to get exposure? Presumably as credit comes out of the economy, there will be less desire for higher end names. Also while 41 P/E may be high for a hotel chain, other's in the same space are running extremely high / negative PE's. I'll be looking to play this one...
Hey traders, WYNDHAM HOTELS & RESORTS is in a bearish fake dynamic with stable sell volume and a turning point. The TIMEFRAME M1 we notice a tombstone with a return of purchase volume made, it goes to its last low point which arrives at the base of the bollinger. To do a reversal, test the highest of the terminal then the VWAP go to the top of the equilibrium zone...
$WH forming a pennant on the daily chart. If we can get a break and hold above 52, we have room up to 57 prior to the gap fill. Entry, target, and stop levels all noted. If you found this helpful please like and follow for more
Wyndham Hotels is looking poised for its next bullish leg higher. The stock broke down through a bullish trendline but was able to find support along the 50-EMA line. The daily volume is showing that buyers are showing up as the price seems to be rounding out of a bottom & the RSI has risen above 50 as it exits an oversold condition. My price targets are noted on...
