I saw some good volume today with over $800K and $600K purchases in the last hour of the day. I followed the trade and bought some as well. I am concerned that the 100 EMA is about to cross the 200 EMA which constitutes the death cross. I like this price though and I could see it having some good moves over next few weeks. Treasury yields rising would also be a...
Long off the demand zone for a swing trade as renewed vaccine hopes help reaffirm the base.
What I see... + Inside Hammer on high volume + Prices gap-up, didn't need to pull back to 10ma, before retracing back above day-high + RSI is rising + MACD is flat but creeping into bullish territory + Low price stock - 10ma is far away - MACD is bearish - 1st resistance at high $3 What I setup... + Long entry above day high - Stop under day low + Target at...
Just Tell Yourself That This is Company is Not Hotels Related... What I see... + Ultra high vol., post earning, to push prices to close above 10ma + ...after finding support from the 50ma a few days earlier + Bollinger Band is squeezing + RSI has just gone above 50 and rising + 10ma just crossed 50ma last week + Low prices stock! - Long upper shadow on Friday -...
The stock is now making its first bullish correction clearing a daily Resistance (Ascending Triangle Pattern). The breakout is accompanied by a higher volume. BHR has plunged in MArch dropping more 70%.