H seems forming a head & shoulder formation. Moneyflow is getting down to the negative. We are looking for a speculative short if it shows weakness after reaching to $59 area.
On the option we would look for $50 November-17 Puts, currently $1.35
* Trade Criteria *
Date First Found- May 15, 2017
Pattern/Why- Head & shoulder formation
Entry Target...
As you can see on the chart above, if you look at it in the long run(or trading long term), this is a result of a resistance point which is clearly labelled above.
First of all, how to identify a resistance point: the first thing you want to do when looking for a trade is to look for a resistance point, to tell if it is a resistance point or not, you have to see...
After a significant correction, it looks like Hyatt might finally be resuming its long-term up-trend.
It being supported by its 1-year moving average (shown by the blue line), and also a 38% Fibonacci level (shown by the red line).
If the supports hold, we can expect H to head to new highs over the next 5 years, which makes it a good candidate for a...
Hi traders,
We can see see rejecting of the same level for a number of times. It's time to try it out.
Entry: $ 45.60
Stop: $ 43.76
Target: $ 48.91 = R:RR 1.80
Updates will follow. Good luck!
Have a Bullish Pin par on the weekly time frame. As you could see the 200EMA is acting as support and the RSI above average. If 59.60 our first upside target would be 61.55 then 63.50. If price however breaks below 58.30 then we would be looking to go short 55.70.
HYATT equities retraced to the bound of a rising trend they broke through earlier, which serves as the key support level. Stock market waves show that a big diamond formation that has been shaping up since June 2014 is a classic complex fourth traveling wave. It was preceded by an extended third wave. In this situation large-scale drift is likely to occur toward...
![H: Hyatt Hotels Corp bullish entry [Just an idea]](https://s3.tradingview.com/k/kqE8XGC6_mid.png "Hyatt Hotels Corp bullish entry [Just an idea]")
