Ashford, like most hotel operators, took a serious hit due to Covid. They are hanging on and I believe they'll survive thanks to their strong portfolio of properties. I caught this one back in late December and early January and happened to notice that Oaktree Capital was supplying AHT liquidity. After further research, I am long. I think this one is going to...
Possible bounce area, use ultra caution, there is a pattern bit lower higher tf, i will update
Fyi i do not like 1 hr patterns, but it can work, for a follower**
Ashford Hospitality Trust, Inc. (NYSE:AHT) The last couple of days the stock seems to have been forming a Bullish flag pattern or pullback opportunity and a breakout is needed for further direction to be divined. After showing a smart recovery from the lower levels around $6, the stock has been moving sideways. From a technical standpoint, the break to the upside...
Nice breakout over any area of significant volume. If it has a nice gap up out of the open I would only consider entering this on some form of a dip. If not it will be a good one to watch nonetheless for some form of entry out of consolidation.
Ok, as @miccross86 requested, here it is my view about AHT!
We have multiple signs around. The 6.65 is the previous bottom, and if AHT breaks this price again tomorrow, it could drop to the next support areas, like the 6.34 (gap), or the 6.13.
Yes, AHT just hit the 20ma and it could go up from here, so, let’s wait more confirmation, ok? Watch the 6.65!
In the...
AHT ran 100% since last post. Ideally, would like to see a correction towards $5 level again and re-enter for a run to $12. Out of original position. Keeping a close eye on the watchlist.
It is never wrong to book profits whether its 1,2,3 or 50% imo.
Also, none of my posts should be taken seriously. Consult with your financial advisors. Strictly for...
In the stock then wait for these filthy disgusting animals to pull it back. I still am on board for this stock to hit the 40 level if not the 60 area. This could be a life changing stock for many. But getting in now is to risky in my opinion.
AHT looks to run back to levels seen last June, price broke through the 50 EMA today on the weekly chart and there has been A LOT OF VOLUME the last few trading periods.
It is up to $7.11 and got as high as $7.36 as I type this in after hours - after closing at $6.27.
I'm currently holding shares and in some 06/18 7.5 calls, my targets are between $8-$10, from...
Looks like a bull flag. DD aside, I like the way this is setting up.
17% short interest, plus they have eliminated a lot of debt ($533mm from last year) Reduced monthly cash utilization by 82%.
Their hotel brands range from Mid level (Hampton Inn) to Ultra Luxury (Ritz Carlton).
Well diversified asset base across 27 states.
Institutions have been buying $AHT...
