Consolidation looks done.
Earnings are great
Elliot wave seems done
Goal is about 2.5R (3.5ATR(21EMA)). Risk is about 1.5ATR
Risk management is the most important.
Target Hospitality is a company that provides modular accommodations and services for various industries, such as energy, government, and construction. The company has a large share of its revenue coming from government contracts, which are long-term and stable sources of income. The company has recently secured a government contract with a minimum value of $575...
--Form a flag pattern with inside W for support/base
--Closed green at middle of 21 ema
--Total break out from flag, would reclaim the 21 ema
--MACD show entry, RSI above 50
--Cut loss below 21 and 50 ema(s)
--3:1 gain ratio at first target
--Avoid choppy price action
--See chart for detail
TH , one of the stocks making all time highs and trading above its GLB line . Gave us a nice wedge pop to manage risk from on Friday and good chance that it will turn in to a wick setup for Monday . Could also completely fail and breakdown but I think odds favor bulls here . (
End of day Friday entry
Entry 13.71
Stop 12.48
PT1 - 14.92, sell 1/4 , stop up half...
during the summer travel vacation season showing MA divergence
and maximum relative volume. Looking to take stock trade
also options a week before earnings.
Target Hospitality - TH
Consumer services
Hotels/ Resorts
USA
Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America.
Target Hospitality - TH
Consumer services
Hotels/ Resorts
USA
Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America.
- High volume in stock
- Crossed 200 EMA
- Higher outlook for Q2
- Next earnings date - 16 Aug 2022
A very flat B, Fib time approaching explosive. This might be a bigger upgoing zigzag forming. If this is so, we are drawing three goals. Momentum seems upgoing, but that is to be expected given that latest bump.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted...
Explosive looking small cap setting up here. I took a cheater entry this morning on the mini flag break. Will look to add if it cap break above the highs.
Target Hospitality Corp. engages in the provision of rental accommodations with premium catering and value-added hospitality services. It operates through the following business segments: Permian Basin, Bakken Basin, and Government. The Permian Basin segment operates facilities in the Permian Basin region and communities in Texas and New Mexico. The Bakken Basin...
