Price tried to break neckline today on large volume. The top wick made it through but the candle body is barely above the neckline. A break of the neckline with a close above the neckline and an uptrend confirms this pattern.
Possible stop under right shoulder (RS) as the daily low was rejected not far above the RS today and buyers came in.
no recommendation
An entry based off technicals. Upcomming earnings could play a factor on 2 Aug, however Zacks rating is predincting a 15% increase. Entering based on most turnarounds so far have exceeded earnings estimate.
Look to exit before Earnings if 2R target achieved. Target of 95 should earnings be positive
Not quite to long entry level for the cup and handle pattern but appears to be trying hard.
H is waving a flag. Flags can experience throwbacks and any pattern can fail.
The other major hotel chains have all broken their yearly high
No recommendation
Hey my friends, HYATT HOTELS CORP is in a bullish movement with an explosion on the purchase volume made and a form of marubozu. In TIMEFRAME M1 we notice a marubozu with a large volume of purchases issued, it came to test the top of the consolidation zone. Great potential to breakout the price with the momentum at the same time the zone to reach a new one and to...
Hyatt is part of the hotel sector that has been battered by COVID-19 and since Mar it has slowly been gaining ground by following the overall market's bullishness. As it is one of the hugely weakened sectors, I don't expect much speculation/volatility in this sector (Near term).
At this point (24 Sep), the market has been bearish across sectors. H's price...
Risk to Reward is EVERYTHING!!!
This trade is simply a hedge for my current long in Hyatt.
This will be a little riskier, so i will play it shorter term with cheaper contracts.
So this is just an addition to one of my previous ideas. Theres a huge gap left with the move previously made which will get filled slowly following the trend line i drew.
Somewhere along...
